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

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

Forward Industries Price Performance

Shares of Forward Industries stock opened at $5.01 on Tuesday. The company’s fifty day simple moving average is $4.19 and its two-hundred day simple moving average is $3.97. Forward Industries has a 12-month low of $3.10 and a 12-month high of $8.29.

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.