In the latest trading session,, 21.51 million Freight Technologies Inc (NASDAQ:FRGT) shares changed hands as the company’s beta touched 1.33. With the company’s most recent per share price at $1.24 changing hands around $0.24 or 24.05% at last look, the market valuation stands at $2.80M. FRGT’s current price is a discount, trading about -3327.42% off its 52-week high of $42.50. The share price had its 52-week low at $0.71, which suggests the last value was 42.74% up since then. When we look at Freight Technologies Inc’s average trading volume, we note the 10-day average is 32610.0 shares, with the 3-month average coming to 1.41 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.
Freight Technologies Inc (NASDAQ:FRGT) trade information
Instantly FRGT is in green as seen in intraday trades today. With action 27.18%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -34.39%, with the 5-day performance at 27.18% in the green. However, in the 30-day time frame, Freight Technologies Inc (NASDAQ:FRGT) is 29.88% up. Looking at the short shares, we see there were 0.13 million shares sold at short interest cover period of 0.68 days.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 84.86%.
FRGT Dividends
Freight Technologies Inc is expected to release its next quarterly earnings report in May.
Freight Technologies Inc (NASDAQ:FRGT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.04% of Freight Technologies Inc shares while 3.08% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.08%.
With 1.0 shares estimated at $1.0 under it, the former controlled 0.00% of total outstanding shares.
