Stock analysts at StockNews.com initiated coverage on shares of Forward Industries (NASDAQ:FORD – Get Free Report) in a report released on Tuesday. The brokerage set a “hold” rating on the textile maker’s stock.
Forward Industries Price Performance
Shares of FORD opened at $0.50 on Tuesday. The firm has a 50-day moving average of $0.62 and a 200-day moving average of $0.69. Forward Industries has a one year low of $0.46 and a one year high of $1.12.
Forward Industries (NASDAQ:FORD – Get Free Report) last announced its quarterly earnings data on Wednesday, February 14th. The textile maker reported ($0.04) EPS for the quarter. The firm had revenue of $7.15 million for the quarter.
Institutional Inflows and Outflows
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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