StockNews.com initiated coverage on shares of Forward Industries (NASDAQ:FORD – Free Report) in a report issued on Thursday morning. The firm issued a hold rating on the textile maker’s stock.
Forward Industries Trading Down 1.3 %
Shares of FORD traded down $0.01 during trading hours on Thursday, hitting $0.51. 6,537 shares of the stock were exchanged, compared to its average volume of 14,959. Forward Industries has a fifty-two week low of $0.46 and a fifty-two week high of $1.10. The business has a 50-day moving average of $0.58 and a 200-day moving average of $0.67.
Forward Industries (NASDAQ:FORD – Get Free Report) last announced its quarterly earnings data on Wednesday, February 14th. The textile maker reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $7.15 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.
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