Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) has a beta value of 1.53 and has seen 5,863,308 shares traded in the last trading session. The company, currently valued at $80.29 Million, closed the last trade at $1.64 per share which meant it lost $0 on the day or 4.46% during that session. The FRSX stock price is -40.24% off its 52-week high price of $2.3 and 71.89% above the 52-week low of $0.461. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.18 Million shares traded. The 3-month trading volume is 4.17 Million shares.
The consensus among analysts is that Foresight Autonomous Holdings Ltd. (FRSX) is a Buy stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.
Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) trade information
Sporting 4.46% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 23 when the FRSX stock price touched $1.93 or saw a rise of 15.03%. Year-to-date, Foresight Autonomous Holdings Ltd. shares have moved 57.71%, while the 5-day performance has seen it change 17.14%. Over the past 30 days, the shares of Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) have changed 72.81%. Short interest in the company has seen 245.95 Million shares shorted with days to cover at 58.98.
Wall Street analysts have a consensus price target for the stock at $2.5, which means that the shares’ value could jump 52.44% from current levels. The projected low price target is $2.5 while the price target rests at a high of $2.5. In that case, then, we find that the current price level is +52.44% off the targeted high while a plunge would see the stock lose 52.44% from current levels.
Foresight Autonomous Holdings Ltd. (FRSX) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2020 is a modest +2.3% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX)’s Major holders
Insiders own 0% of the company shares, while shares held by institutions stand at 1.84% with a share float percentage of 1.84%. Investors are also buoyed by the number of investors in a company, with Foresight Autonomous Holdings Ltd. having a total of 8 institutions that hold shares in the company. The top two institutional holders are Psagot Investment House Ltd. with over 503.19 Thousand shares worth more than $305.89 Thousand. As of March 30, 2020, Psagot Investment House Ltd. held 1.64% of shares outstanding.
The other major institutional holder is Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD, with the holding of over 118.97 Thousand shares as of March 30, 2020. The firm’s total holdings are worth over $72.32 Thousand and represent 0.39% of shares outstanding.