Freight Technologies Inc (NASDAQ:FRGT)’s traded shares stood at 0.14 million during the last session, with the company’s beta value hitting 1.58. At the close of trading, the stock’s price was $1.36, to imply an increase of 6.25% or $0.08 in intraday trading. The FRGT share’s 52-week high remains $34.10, putting it -2407.35% down since that peak but still an impressive 13.97% since price per share fell to its 52-week low of $1.17. The company has a valuation of $3.32M, with an average of 0.22 million shares in intraday trading volume over the past 10 days and average of 532.98K shares over the past 3 months.
Freight Technologies Inc (NASDAQ:FRGT) trade information
After registering a 6.25% upside in the last session, Freight Technologies Inc (FRGT) has traded red over the past five days. The stock hit a weekly high of 1.4900, jumping 6.25% in its intraday price action. The 5-day price performance for the stock is -9.33%, and -26.88% over 30 days. With these gigs, the year-to-date price performance is -59.54%. Short interest in Freight Technologies Inc (NASDAQ:FRGT) saw shorts transact 87110.0 shares and set a 0.08 days time to cover.
Freight Technologies Inc (FRGT) estimates and forecasts
The rating firms project that company’s revenue will grow 2.00% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is $26.4 million.
FRGT Dividends
Freight Technologies Inc has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Freight Technologies Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Freight Technologies Inc (NASDAQ:FRGT)’s Major holders
Freight Technologies Inc insiders hold 0.12% of total outstanding shares, with institutional holders owning 1.18% of the shares at 1.19% float percentage. In total, 1.18% institutions holds shares in the company, led by Citadel Advisors Llc. As of Jun 29, 2023, the company held over 58187.0 shares (or 0.60% of shares), all amounting to roughly $40026.0.
Going by data provided on May 30, 2023, Fidelity NASDAQ Composite Index Fund holds roughly 761.0 shares. This is just over 0.01% of the total shares, with a market valuation of $905.0
