StockNews.com began coverage on shares of Forward Industries (NASDAQ:FORD – Free Report) in a report released on Monday. The firm issued a hold rating on the textile maker’s stock.
Forward Industries Stock Performance
Shares of NASDAQ:FORD opened at $3.97 on Monday. Forward Industries has a 52-week low of $3.55 and a 52-week high of $9.40. The business has a fifty day moving average of $4.46 and a two-hundred day moving average of $5.56.
Forward Industries (NASDAQ:FORD – Get Free Report) last announced its quarterly earnings data on Friday, May 10th. The textile maker reported ($0.50) earnings per share (EPS) for the quarter. The company had revenue of $7.83 million for 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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