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

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

Forward Industries Trading Down 0.8 %

Shares of FORD stock traded down $0.03 during trading hours on Wednesday, hitting $3.60. The company had a trading volume of 3,909 shares, compared to its average volume of 43,472. Forward Industries has a 12 month low of $3.36 and a 12 month high of $9.40. The firm’s fifty day moving average is $4.19 and its 200 day moving average is $5.33.

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.