Forward Industries (NASDAQ:FORD) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Forward Industries (NASDAQ:FORD) in a research note published on Wednesday. The firm issued a hold rating on the textile maker’s stock.

Forward Industries Stock Performance

NASDAQ:FORD opened at $3.55 on Wednesday. Forward Industries has a 52 week low of $3.36 and a 52 week high of $8.70. The stock’s fifty day moving average is $4.12 and its two-hundred day moving average is $5.29.

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.