Forward Industries (NASDAQ:FORD – Get Free Report) posted its quarterly earnings data on Thursday. The textile maker reported ($0.64) earnings per share for the quarter, Zacks reports. Forward Industries had a negative return on equity of 124.85% and a negative net margin of 6.46%.
Forward Industries Stock Up 2.3 %
Shares of FORD stock opened at $5.87 on Friday. Forward Industries has a 52-week low of $3.10 and a 52-week high of $8.29. The firm’s 50-day moving average is $5.34 and its 200-day moving average is $4.34.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on shares of Forward Industries in a report on Sunday, February 9th. They set a “hold” rating for the company.
Forward Industries Company Profile
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.
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