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

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

Forward Industries Stock Performance

NASDAQ FORD opened at $5.58 on Thursday. Forward Industries has a 52 week low of $3.10 and a 52 week high of $8.29. The stock’s 50 day moving average price is $4.55 and its two-hundred day moving average price is $4.08.

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.