StockNews.com Downgrades Forward Industries (NASDAQ:FORD) to Hold

Posted by on Sep 3rd, 2024

StockNews.com lowered shares of Forward Industries (NASDAQ:FORD – Free Report) from a buy rating to a hold rating in a research note issued to investors on Friday.

Forward Industries Stock Down 4.4 %

FORD opened at $3.73 on Friday. Forward Industries has a one year low of $3.36 and a one year high of $8.70. The business has a 50 day simple moving average of $4.04 and a two-hundred day simple moving average of $5.00.

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.

Read More

Receive News & Ratings for Forward Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forward Industries and related companies with MarketBeat.com's FREE daily email newsletter.