How Much Is Freight Technologies Inc (NASDAQ: FRGT) Worth And How Can It Be Managed

Freight Technologies Inc (NASDAQ:FRGT)’s traded shares stood at 0.49 million during the last session, with the company’s beta value hitting 1.54. At the close of trading, the stock’s price was $2.05, to imply an increase of 13.89% or $0.25 in intraday trading. The FRGT share’s 52-week high remains $350.00, putting it -16973.17% down since that peak but still an impressive 29.27% since price per share fell to its 52-week low of $1.45. The company has a valuation of $2.93M, with an average of 2.0 million shares in intraday trading volume over the past 10 days and average of 473.01K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Freight Technologies Inc (FRGT), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give FRGT a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.

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Freight Technologies Inc (NASDAQ:FRGT) trade information

After registering a 13.89% upside in the last session, Freight Technologies Inc (FRGT) has traded red over the past five days. The 5-day price performance for the stock is 0.00%, and -54.19% over 30 days. With these gigs, the year-to-date price performance is -97.56%. Short interest in Freight Technologies Inc (NASDAQ:FRGT) saw shorts transact 13249.0 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 139.70% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 40.9M.

FRGT Dividends

Freight Technologies Inc has its next earnings report out in November. 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.