Freight Technologies Inc (NASDAQ:FRGT) currently has a daily average trading volume of 4.89M but it saw 2013637 shares traded in last market. With a market cap of 2.57M USD, the company’s current market price of $0.18 came rising about 3.53 while comparing to the previous closing price of $0.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.00 and as low as $0.17. In the recent trading on the day, stock has struck highest price mark of $0.166 while lowest mark touched by it was $0.183.
Taking a look at 20-day trading activity of Freight Technologies Inc (FRGT) gives us an average price of $0.1903, while its current price level is -98.72% below from 52-week high level whereas it is 5.92% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2384 while that of 200 days or SMA-200 reads an average of $1.4506. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.41% during that period while stretching the period over a month that increases to 8.66%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 34.84 which implies that the stock is in neutral territory.
Over the week, FRGT’s stock price is moving -1.92% down while it is -5.04% when we observe its performance for the past one month. Year-to-date it is -94.67% down and over the past year, the stock is showing a downside performance of -95.56%.
The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. Moreover, analysts are in estimates of $40.9M for current-quarter revenue.
Currently, Freight Technologies Inc’s total number of outstanding shares is 14.37M. Company’s return on investment (ROI) stands at -325.07%. Stock’s beta reads 1.55. Stock has a price to book (P/B) ratio of 0.15 while price to sale or P/S ratio amounts to 0.15.
