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

StockNews.com initiated coverage on shares of Forward Industries (NASDAQ:FORD) in a research report report published on Sunday morning. The brokerage issued a hold rating on the textile maker’s stock.

Forward Industries Price Performance

NASDAQ FORD opened at $4.54 on Friday. The stock has a 50-day simple moving average of $3.90 and a 200 day simple moving average of $3.99. Forward Industries has a twelve month low of $3.10 and a twelve month high of $8.29.

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.