In the latest trading session,, 8.75 million Freight Technologies Inc (NASDAQ:FRGT) shares changed hands as the company’s beta touched 1.56. With the company’s most recent per share price at $0.15 changed hands at -$0.01 or -5.57% at last look, the market valuation stands at $2.18M. FRGT’s current price is a discount, trading about -9233.33% off its 52-week high of $14.00. The share price had its 52-week low at $0.16, which suggests the last value was -6.67% down since then. When we look at Freight Technologies Inc’s average trading volume, we note the 10-day average is 0.82 million shares, with the 3-month average coming to 1.33 million.
Analysts gave the Freight Technologies Inc (FRGT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended FRGT as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Freight Technologies Inc’s EPS for the current quarter is expected to be 0.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Freight Technologies Inc (NASDAQ:FRGT) trade information
Instantly FRGT was in red as seen in intraday trades today. With action -14.65%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -95.48%, with the 5-day performance at -14.65% in the red. However, in the 30-day time frame, Freight Technologies Inc (NASDAQ:FRGT) is -15.69% down. Looking at the short shares, we see there were 0.1 million shares sold at short interest cover period of 0.09 days.
Freight Technologies Inc (FRGT) estimates and forecasts
Year-over-year growth is forecast to reach 139.70% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 40.9M. The company’s revenue for the corresponding quarters a year ago was 17.06M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 139.70%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 16.32%.
