In the last trading session, 2.7 million shares of the Freight Technologies Inc (NASDAQ:FRGT) were traded, and its beta was 1.26. Most recently the company’s share price was $1.15, and it changed around $0.21 or 22.47% from the last close, which brings the market valuation of the company to $2.61M. FRGT currently trades at a discount to its 52-week high of $42.50, offering almost -3595.65% off that amount. The share price’s 52-week low was $0.71, which indicates that the current value has risen by an impressive 38.26% since then. We note from Freight Technologies Inc’s average daily trading volume that its 10-day average is 0.33 million shares, with the 3-month average coming to 1.37 million.
Freight Technologies Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended FRGT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Freight Technologies Inc (NASDAQ:FRGT) trade information
Instantly FRGT has showed a green trend with a performance of 22.47% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.3600 on recent trading dayincreased the stock’s daily price by 15.44%. The company’s shares are currently down -39.15% year-to-date, but still up 23.66% over the last five days. On the other hand, Freight Technologies Inc (NASDAQ:FRGT) is -25.08% down in the 30-day period. We can see from the shorts that 32952.0 shares have been sold at a short interest cover period of 0.01 day(s).
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 16.32%.
FRGT Dividends
Freight Technologies Inc’s next quarterly earnings report is expected to be released in May.
Freight Technologies Inc (NASDAQ:FRGT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.04% of Freight Technologies Inc shares, and 3.08% of them are in the hands of institutional investors. The stock currently has a share float of 3.08%.
The former held 1.0 shares worth $1.0, making up 0.00% of all outstanding shares.
