Forward Industries (NASDAQ:FORD) Coverage Initiated at StockNews.com

StockNews.com began coverage on shares of Forward Industries (NASDAQ:FORDFree Report) in a report issued on Thursday morning. The firm issued a hold rating on the textile maker’s stock.

Forward Industries Trading Up 13.3 %

Shares of NASDAQ:FORD opened at $4.76 on Thursday. The company’s 50-day moving average price is $4.96 and its 200 day moving average price is $6.03. Forward Industries has a fifty-two week low of $3.65 and a fifty-two week high of $9.74.

Forward Industries (NASDAQ:FORDGet Free Report) last posted its quarterly earnings data on Friday, May 10th. The textile maker reported ($0.50) EPS for the quarter. The company had revenue of $7.83 million for the quarter.

Forward Industries Company Profile

(Get Free Report)

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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