Forward Industries (NASDAQ:FORD) Earns Hold Rating from Analysts at StockNews.com

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

Forward Industries Trading Up 1.3 %

FORD opened at $3.87 on Thursday. Forward Industries has a one year low of $3.10 and a one year high of $8.29. The business’s fifty day moving average is $3.73 and its two-hundred day moving average is $4.13.

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.