StockNews.com Initiates Coverage on Forward Industries (NASDAQ:FORD)

Research analysts at StockNews.com initiated coverage on shares of Forward Industries (NASDAQ:FORDGet Free Report) in a report released on Thursday. The firm set a “hold” rating on the textile maker’s stock.

Forward Industries Stock Up 0.3 %

Forward Industries stock opened at $3.83 on Thursday. Forward Industries has a fifty-two week low of $3.10 and a fifty-two week high of $8.29. The stock’s 50 day simple moving average is $3.73 and its two-hundred day simple moving average is $4.14.

Forward Industries Company Profile

(Get Free Report)

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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