Freight Technologies Inc (NASDAQ:FRGT) currently has a daily average trading volume of 1.85M but it saw 1364700 shares traded in last market. With a market cap of 2.23M USD, the company’s current market price of $0.98 came falling about -20.58 while comparing to the previous closing price of $1.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $42.50 and as low as $0.71. In the recent trading on the day, stock has struck highest price mark of $0.91 while lowest mark touched by it was $1.2091.
Taking a look at 20-day trading activity of Freight Technologies Inc (FRGT) gives us an average price of $0.9668, while its current price level is -97.68% below from 52-week high level whereas it is 39.57% 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 $1.1479 while that of 200 days or SMA-200 reads an average of $2.2891. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.15% during that period while stretching the period over a month that decreases to 16.17%. 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 47.66 which implies that the stock is in neutral territory.
Over the week, FRGT’s stock price is moving 3.06% up while it is 4.88% when we observe its performance for the past one month. Year-to-date it is -47.89% down and over the past year, the stock is showing a downside performance of -95.25%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Freight Technologies Inc’s 0.04% of that held by the insiders while 3.08% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -568.01%. Stock’s beta reads 1.30. Stock has a price to sale or P/S ratio amounts to 0.16. Its return on asset (ROA) is -68.44% on average.
