Forward Industries, Inc. (FORD)
Forward Industries, Inc. operates in the Apparel - Footwear & Accessories industry of the Consumer Cyclical sector, headquartered in Hauppauge, NY, US. The stock last traded at $9.12, up 2.13% on the session, giving a market capitalisation of $15.7M. On trailing twelve-month figures it carries a trailing P/E of -0.27, a net margin of -2305.1%. Its beta of 0.52 implies it has historically moved less than the broad market.
Forward Industries, Inc., along with its affiliated entities, specializes in the development, promotion, and provision of protective and carrying apparatus, primarily tailored for portable electronic gadgets. The company's operations are divided into three main divisions: OEM Distribution, Retail Distribution, and Design. The OEM Distribution arm is responsible for sourcing and supplying carrying cases and related items for medical monitoring and diagnostic kits, as well as a variety of portable electronic and non-electronic goods like sports and recreational equipment, barcode readers, GPS units, tablet computers, and firearms. The Retail Distribution segment concentrates on procuring and selling smart-enabled furniture and a wide selection of other merchandise through collaborations with various retailers, encompassing both brick-and-mortar stores and online retail platforms. Furthermore, the Design division offers services in hardware and software product conceptualization and engineering. Forward Industries markets its offerings to original equipment manufacturers across key global territories, including Asia-Pacific, the Americas, Europe, the Middle East, and Africa. Founded in 1961, the company maintains its headquarters in Hauppauge, New York.
Forward Industries, Inc. is most often compared with the following Consumer Cyclical names: