Freight Technologies Inc (NASDAQ:FRGT) currently has a daily average trading volume of 196.26K but it saw 14453660 shares traded in last market. With a market cap of 1.21M USD, the company’s current market price of $2.10 came rising about 0.24 while comparing to the previous closing price of $2.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $350.00 and as low as $1.87. In the recent trading on the day, stock has struck highest price mark of $1.91 while lowest mark touched by it was $3.18.
Taking a look at 20-day trading activity of Freight Technologies Inc (FRGT) gives us an average price of $3.4800, while its current price level is -99.40% below from 52-week high level whereas it is 12.45% 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 $4.6100 while that of 200 days or SMA-200 reads an average of $31.0700. A closer look into the stock’s movement over the week reveals that its volatility is standing at 31.84% during that period while stretching the period over a month that decreases to 21.35%. 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 23.31 which implies that the stock is in oversold territory.
Over the week, FRGT’s stock price is moving -32.20% down while it is -57.94% when we observe its performance for the past one month. Year-to-date it is -97.50% down and over the past year, the stock is showing a downside performance of -97.16%.
Currently, Freight Technologies Inc’s total number of outstanding shares is 0.57M. Company’s return on investment (ROI) stands at -325.07%. Stock’s beta reads 1.56. Stock has a price to book (P/B) ratio of 0.07 while price to sale or P/S ratio amounts to 0.07.
