Forward Industries (NASDAQ:FORD) Earns Hold Rating from Analysts at StockNews.com

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

Forward Industries Stock Down 2.2 %

Forward Industries stock opened at $4.39 on Monday. Forward Industries has a twelve month low of $3.10 and a twelve month high of $8.29. The stock’s fifty day simple moving average is $3.98 and its 200-day simple moving average is $3.96.

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.