Forward Industries (NASDAQ:FORD – Get Free Report) issued its quarterly earnings results on Thursday. The textile maker reported ($0.64) earnings per share (EPS) 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 Price Performance
FORD opened at $5.66 on Friday. The firm has a 50-day simple moving average of $5.41 and a two-hundred day simple moving average of $4.36. Forward Industries has a 52 week low of $3.10 and a 52 week high of $8.29.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on shares of Forward Industries in a report on Sunday, February 9th. They set a “hold” rating for the company.
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.
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