Freight Technologies Inc (FRGT) concluded trading on 12/27/23 at a closing price of $0.36, with 2.97 million shares of worth about $1.07 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -48.76% during that period and on Wednesday the price saw a gain of about 7.85%. Currently the company’s common shares owned by public are about 5.65M shares, out of which, 5.47M shares are available for trading.
The company recently came buying 0.0 shares which brought its stake up to 0.02% of the company’s outstanding shares.
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Freight Technologies Inc (NASDAQ: FRGT) started trading at $0.36, above $0.03 from concluding price of the previous day. However, the stock later moved at a day high price of 0.3780, or with a gain of 7.85%. Stock saw a price change of 2.83% in past 5 days and over the past one month there was a price change of 15.72%. Year-to-date (YTD), FRGT shares are showing a performance of -84.30% which decreased to -84.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.25 but also hit the highest price of $6.70 during that period. The average intraday trading volume for Freight Technologies Inc shares is 3.92 million. The stock is currently trading 8.28% above its 20-day simple moving average (SMA20), while that difference is up 11.36% for SMA50 and it goes to -58.91% lower than SMA200.
Freight Technologies Inc (NASDAQ: FRGT) currently have 5.65M outstanding shares and institutions hold larger chunk of about 1.88% of that. Holding of mutual funds in the company is about 0.03% while other institutional holders and individual stake holders have control over 1.65% and — of the stake respectively.
The stock has a current market capitalization of $2.03M and its 3Y-monthly beta is at 1.86. It has Quick Ratio of 1.54 while making debt-to-equity ratio of 0.97. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FRGT, volatility over the week remained 13.22% while standing at 20.27% over the month.
Analysts are in expectations that Freight Technologies Inc (FRGT) stock would likely to be making an EPS of $Federal Realty Investment Trust in the current quarter, while forecast for next quarter EPS is $104.81 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Fulgent Genetics, Inc. which is $Global X MSCI Argentina ETF at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Freshpet, Inc. in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 8.00% while it is estimated to increase by 21.74% in next year.
Analysts at 1 brokerage firms have issued recommendations for the Freight Technologies Inc (FRGT)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.00. Out of those 1 Wall Street analysts, 1 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
