Investment analysts at StockNews.com assumed coverage on shares of Forward Industries (NASDAQ:FORD – Get Free Report) in a research note issued to investors on Tuesday. The brokerage set a “hold” rating on the textile maker’s stock.
Forward Industries Trading Down 8.1 %
NASDAQ FORD opened at $3.84 on Tuesday. The stock has a 50-day simple moving average of $4.33 and a 200 day simple moving average of $5.45. Forward Industries has a 12 month low of $3.55 and a 12 month high of $9.40.
Forward Industries (NASDAQ:FORD – Get Free Report) last released 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 during the quarter.
About Forward Industries
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.
Further Reading
- Five stocks we like better than Forward Industries
- How to Invest in the Best Canadian Stocks
- What Are Bonds? A High-Level Overview
- Conference Calls and Individual Investors
- Super Micro Stock Drops Sharply After Earnings on Margin Concerns
- What Investors Need to Know to Beat the Market
- Lyft’s First-Ever Profit, but the Outlook Is a Speed Bump
Receive News & Ratings for Forward Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forward Industries and related companies with MarketBeat.com's FREE daily email newsletter.
