Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) does about 5.24M shares in volume on a normal day but saw 2498967 shares change hands in Friday trading. The company now has a market cap of 57.91M USD and an enterprise value of about $57.14M. Its current market price is $1.12, marking a decrease of -1.75% compared to the previous close of $1.14. The 52 week high reached by this stock is $1.95 whilst the lowest price level in 52 weeks is $0.46. The script in recent trading has seen the stock touch a high of $1.22 and a low of $1.115.

Foresight Autonomous Holdings Ltd. (FRSX) has a 20-day trading average at $1.3265 and the current price is -42.56% off the 52-week high compared with 142.95% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.4227 and its 200-day simple moving average is $1.0657. If we look at the stock’s price movements over the week, volatility stands at 10.74%, which decreases to 8.41% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 34.66 to suggest the stock is neutral.

1 analysts observing the Foresight Autonomous Holdings Ltd. (FRSX) stock have set the 12-month price targets for the company’s shares at between $2.50 and $2.50. The median price target is 55.2% away from the current levels at $2.50.

FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 02, 2018 when The Benchmark Company initiated the stock to “Speculative Buy” and issued a price target of $16.

The current price level is -16.39%, -21.21%, and 4.97% away from its SMA20, SMA50, and SMA200 respectively, with the FRSX price moving above the 50-day SMA on August 21. Foresight Autonomous Holdings Ltd. (FRSX) stock is down -6.67% over the week and -21.13% over the past month. Its price is 7.70% year-to-date and -34.12% over the past year.

The stock last released its quarterly earnings report for quarter ended 12/30/2019, with the company’s earnings per share (EPS) of -$0.14 below consensus estimates by -$0.02. The company’s next earnings report is expected on 11/17/2020, with forecasts estimating quarterly EPS at $0 and -$0.43 for whole year. FRSX’s earnings per share are forecast to grow by 2.30% this year and 27.90% over next year.

Its 12-month price target is $2.50. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $2.50, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $2.50.

Outstanding shares total 51.70M with insiders holding 0.00% of the shares and institutional holders owning 1.84% of the company’s common stock. Price to book ratio is 2.13.

According to a U.S. Securities and Exchange Commission filing, TBF Global Technology has reduced its position in Foresight Autonomous Holdings Ltd. (FRSX) to 49,216 shares, mirroring a recent drop by -50.00%. TBF Global Technology dumped 49216.0 shares of Foresight Autonomous Holdings Ltd. common stock bringing its total worth to about $75793.0 at the end of recent close, SEC documents show. TBF Global Technology isn’t the only investment manager who changed stakes and is followed by Attila Global Opportunity Fund, which sold off 39987.0 shares to end up with 0 shares worth $0.0.