Forward Industries (NASDAQ:FORD - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by investment analysts at Weiss Ratings in a research note issued on Saturday,Weiss Ratings reports.
Separately, Wall Street Zen lowered shares of Forward Industries to a "strong sell" rating in a research report on Saturday, August 23rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Forward Industries currently has an average rating of "Sell".
Read Our Latest Report on FORD
Forward Industries Stock Performance
Shares of NASDAQ:FORD traded down $1.14 on Friday, reaching $16.67. 749,202 shares of the company's stock were exchanged, compared to its average volume of 481,701. The company has a fifty day moving average of $22.45 and a 200-day moving average of $12.96. Forward Industries has a twelve month low of $3.32 and a twelve month high of $46.00.
Forward Industries (NASDAQ:FORD - Get Free Report) last announced its earnings results on Thursday, August 14th. The textile maker reported ($2.17) earnings per share (EPS) for the quarter. Forward Industries had a negative return on equity of 1,522.78% and a negative net margin of 14.52%.The business had revenue of $2.49 million for the quarter.
About Forward Industries
(
Get Free Report)
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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