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

StockNews.com assumed coverage on shares of Forward Industries (NASDAQ:FORD) in a research note issued to investors on Thursday morning. The firm issued a hold rating on the textile maker’s stock.

Forward Industries Stock Up 0.6 %

Shares of Forward Industries stock opened at $5.42 on Thursday. Forward Industries has a twelve month low of $3.10 and a twelve month high of $8.29. The company has a fifty day moving average price of $4.52 and a 200 day moving average price of $4.07.

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.