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

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

Forward Industries Trading Down 2.0 %

Shares of FORD stock opened at $4.95 on Tuesday. The stock has a 50-day moving average price of $4.13 and a 200 day moving average price of $3.95. Forward Industries has a 12 month low of $3.10 and a 12 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.