StockNews.com began coverage on shares of Forward Industries (NASDAQ:FORD – Free Report) in a research note released on Friday. The brokerage issued a hold rating on the textile maker’s stock.
Forward Industries Price Performance
FORD opened at $3.93 on Friday. The business has a fifty day simple moving average of $4.81 and a 200-day simple moving average of $5.90. Forward Industries has a fifty-two week low of $3.55 and a fifty-two week high of $9.50.
Forward Industries (NASDAQ:FORD – Get Free Report) last released its quarterly earnings results on Friday, May 10th. The textile maker reported ($0.50) earnings per share for the quarter. The company had revenue of $7.83 million during the quarter.
Forward Industries Company Profile
Forward Industries, Inc, together with its subsidiaries, designs, manufactures, sources, markets, and distributes carry and protective solutions. The company operates in two segments: OEM Distribution and Design. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and various other portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, GPS location devices, tablets, and firearms.
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