StockNews.com Begins Coverage on Forward Industries (NASDAQ:FORD)

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

Forward Industries Trading Up 1.9 %

NASDAQ:FORD opened at $5.47 on Wednesday. Forward Industries has a 12-month low of $3.10 and a 12-month high of $8.29. The stock has a fifty day moving average price of $4.36 and a 200 day moving average price of $4.04.

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.