Stock Worth Mentioning: Forward Industries Inc (NASDAQ:FORD) Stock Sentiment Increases

November 21, 2016 - By Nellie Frank   ·   0 Comments

Stock Worth Mentioning: Forward Industries Inc (NASDAQ:FORD) Stock Sentiment  Increases

Sentiment for Forward Industries Inc (NASDAQ:FORD)

Forward Industries Inc (NASDAQ:FORD) institutional sentiment decreased to 2 in Q2 2016. Its down -1.00, from 3 in 2016Q1. The ratio has worsened, as 6 active investment managers increased or opened new positions, while 2 sold and decreased their positions in Forward Industries Inc. The active investment managers in our partner’s database now have: 1.39 million shares, up from 1.35 million shares in 2016Q1. Also, the number of active investment managers holding Forward Industries Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 2 Increased: 2 New Position: 4.

Forward Industries, Inc. designs and distributes carry and protective solutions, primarily for hand held electronic devices, including soft-sided carrying cases, bags, clips, hand straps, protective plates and other accessories. The company has a market cap of $12.29 million. The Firm operates in the design and distribution of carry and protective solutions, primarily for hand held electronic devices segment. It has a 16.32 P/E ratio. The Company’s original equipment maker products include carrying cases and other accessories for blood glucose monitoring kits and various other portable electronic and non-electronic products.

The stock increased 2.96% or $0.04 on November 18, hitting $1.39. Forward Industries, Inc. (NASDAQ:FORD) has declined 4.79% since April 19, 2016 and is downtrending. It has underperformed by 8.65% the S&P500.

Analysts await Forward Industries, Inc. (NASDAQ:FORD) to report earnings on December, 14.

According to Zacks Investment Research, “FORWARD INDUSTRIES, INC. is engaged in the business of designing, manufacturing and selling of custom soft-sided carrying cases and advertising specialties.”

Bank Of America Corp De holds 0% of its portfolio in Forward Industries, Inc. for 23 shares. Bank Of New York Mellon Corp owns 24,036 shares or 0% of their US portfolio. Moreover, Blackrock Advisors Llc has 0% invested in the company for 2,823 shares. The California-based Blackrock Fund Advisors has invested 0% in the stock. Blackrock Institutional Trust Company N.A., a California-based fund reported 476,459 shares.#img1#

FORD Company Profile

Forward Industries, Inc., incorporated on March 6, 1961, creates and distributes carry and protective solutions, primarily for hand held electronic devices, including soft-sided carrying cases, bags, clips, hand straps, protective plates and other accessories. The Firm operates in the design and distribution of carry and protective solutions, primarily for hand held electronic devices segment. The Company’s original equipment maker (OEM) products include carrying cases and other accessories for blood glucose monitoring kits and various other portable electronic and non-electronic products. The Company’s carrying cases are designed to enable the devices to be stowed in a pocket, handbag, briefcase, or backpack, clipped to a belt or shoulder strap, or strapped to an arm. The Company’s products include Diabetic products and Other products.

More recent Forward Industries, Inc. (NASDAQ:FORD) news were published by: 247Wallst.com which released: “Forward Industries Climbs on New Supply Agreement” on July 06, 2016. Also Globenewswire.com published the news titled: “Jason Industries, Inc. Names Brian K. Kobylinski President and Chief Executive …” on November 18, 2016. Oregonlive.com‘s news article titled: “$8B Harman deal gives Samsung foothold in fast-growing connected car market” with publication date: November 15, 2016 was also an interesting one.

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By Nellie Frank


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