Freightos Ltd (NASDAQ:CRGO)’s traded shares stood at 0.43 million during the last session, with the company’s beta value hitting 0.91. At the close of trading, the stock’s price was $3.92, to imply an increase of 9.50% or $0.34 in intraday trading. The CRGO share’s 52-week high remains $3.62, putting it 7.65% up since that peak but still an impressive 67.6% since price per share fell to its 52-week low of $1.27. The company has a valuation of $193.48M, with an average of 90690.0 shares in intraday trading volume over the past 10 days and average of 121.71K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Freightos Ltd (CRGO), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give CRGO a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 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 -0.09.
Freightos Ltd (NASDAQ:CRGO) trade information
After registering a 9.50% upside in the last session, Freightos Ltd (CRGO) has traded red over the past five days. The 5-day price performance for the stock is 24.44%, and 64.02% over 30 days. With these gigs, the year-to-date price performance is 28.52%. Short interest in Freightos Ltd (NASDAQ:CRGO) saw shorts transact 94864.0 shares and set a 2.11 days time to cover.
The extremes give us $3.5 and $3.5 for target low and target high price respectively. As such, CRGO has been trading 10.71% off suggested target high and 10.71% from its likely low.
Freightos Ltd (CRGO) estimates and forecasts
Looking at statistics comparing Freightos Ltd share performance against respective industry, we note that the company has underperformed competitors. Freightos Ltd (CRGO) shares are 111.89% up over the last 6 months, with its year-to-date growth rate lower than industry average at 7.89% against 22.70%. The rating firms project that company’s revenue will grow 16.64% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 6.46M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 6.8M.Earnings reports from the last fiscal year show that sales brought in 5.26M and 5.36M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 22.82% before jumping 26.96% in the following quarter.
CRGO Dividends
Freightos Ltd has its next earnings report out in February. 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.
We also have iShares Micro Cap ETF and Fidelity NASDAQ Composite Index Fund as the top two Mutual Funds with the largest holdings of the Freightos Ltd (CRGO) shares. Going by data provided on Oct 31, 2024 , iShares Micro Cap ETF holds roughly 29.47 shares. This is just over 0.06% of the total shares, with a market valuation of $0.12 million. Data from the same date shows that the other fund manager holds a little less at 13.29, or 0.03% of the shares, all valued at about 52096.0.
