Analysts at StockNews.com initiated coverage on shares of Forward Industries (NASDAQ:FORD – Get Free Report) in a research report issued on Thursday. The firm set a “hold” rating on the textile maker’s stock.
Forward Industries Stock Performance
NASDAQ:FORD traded down $0.01 during mid-day trading on Thursday, reaching $0.51. The stock had a trading volume of 6,537 shares, compared to its average volume of 14,959. Forward Industries has a 12 month low of $0.46 and a 12 month high of $1.10. The stock has a 50-day simple moving average of $0.58 and a two-hundred day simple moving average of $0.67.
Forward Industries (NASDAQ:FORD – Get Free Report) last issued its earnings results on Wednesday, February 14th. The textile maker reported ($0.04) earnings per share for the quarter. The business 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.
Read More
- Five stocks we like better than Forward Industries
- Best Stocks Under $5.00
- MarketBeat Week in Review – 4/29 – 5/3
- Manufacturing Stocks Investing
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- Earnings Per Share Calculator: How to Calculate EPS
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
Receive News & Ratings for Forward Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forward Industries and related companies with MarketBeat.com's FREE daily email newsletter.
