In last trading session, Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) saw 102,555,410 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $6.8 trading at $2.7 or 65.85% at ring of the bell on the day assigns it a market valuation of $443.69 Million. That closing price of FRSX’s stock is at a discount of -16.18% from its 52-week high price of $7.9 and is indicating a premium of 93.24% from its 52-week low price of $0.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.99 Million shares which gives us an average trading volume of 8.7 Million if we extend that period to 3-months.
For Foresight Autonomous Holdings Ltd. (FRSX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2. Splitting up the data highlights that, out of 2 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 2 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.08 in the current quarter.
Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) trade information
Upright in the green during last session for gaining 65.85%, in the last five days FRSX remained trading in the green while hitting it’s week-highest on Wednesday, Jan 13 when the stock touched $7.90-1 price level, adding 13.92% to its value on the day. Foresight Autonomous Holdings Ltd.’s shares saw a change of 66.67% in year-to-date performance and have moved 66.26% in past 5-day. Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) showed a performance of 293.06% in past 30-days. Number of shares sold short was 4.25 Million shares which calculate 0.49 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $4.13 to the stock, which implies targetted prices is already lagging behind -39.26% to its current value. Analysts have been projecting $3 as a low price target for the stock while placing it at a high target of $5.25. It follows that stock’s current price would jump -22.79% in reaching the projected high whereas dropping to the targeted low would mean a loss of -55.88% for stock’s current value.
Foresight Autonomous Holdings Ltd. (FRSX) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2021, company’s earnings growth rate is likely to be around 43.2% while estimates for its earnings growth in next 5 years are of 0%
Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX)’s Major holders
Insiders are in possession of 0% of company’s total shares while institution are holding 1.36% percent of that, with stock having share float percentage of 1.36%. Investors also watch the number of corporate investors in a company very closely, which is 8 institutions for Foresight Autonomous Holdings Ltd. that are currently holding shares of the company. Psagot Investment House Ltd. is the top institutional holder at FRSX for having 328.67 Thousand shares of worth $301.62 Thousand. And as of September 29, 2020, it was holding 0.53% of the company’s outstanding shares.
The second largest institutional holder is Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD, which was holding about 328.09 Thousand shares on September 29, 2020. The number of shares represents firm’s hold over 0.52% of outstanding shares, having a total worth of $301.08 Thousand.
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