Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) is 11.52% higher on its value in year-to-date trading and has touched a low of $0.46 and a high of $6.45 in the current 52-week trading range. The FRSX stock was last observed hovering at around $4.09 in the last trading session, with the day’s gains setting it 0.46% off its average median price target of $4.13 for the next 12 months. It is also 13.33% off the consensus price target high of $5.25 offered by 2 analysts, but current levels are -51.67% lower than the price target low of $3.00 for the same period.
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Currently trading at $4.55, the stock is 48.62% and 145.23% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.67 million and changing 11.25% at the moment leaves the stock 264.46% off its SMA200. FRSX registered 272.95% gain for a year compared to 6-month loss of 174.10%. The firm has a 50-day simple moving average (SMA 50) of $2.3414 and a 200-day simple moving average (SMA200) of $1.4399.
The stock witnessed a 184.38% gain in the last 1 month and extending the period to 3 months gives it a 382.81%, and is 3.88% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.91% over the week and 21.12% over the month.
Distance from 52-week low is 886.98% and -29.46% from its 52-week high.
Foresight Autonomous Holdings Ltd. (FRSX) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Foresight Autonomous Holdings Ltd. (FRSX) is a “Buy”. 2 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Foresight Autonomous Holdings Ltd. is expected to release its quarterly report on 05/19/2021 and quarterly earnings per share for the current quarter are estimated at -$0.08.The EPS is expected to grow by 63.60% this year.
Foresight Autonomous Holdings Ltd. (FRSX) Top Institutional Holders
8 institutions hold shares in Foresight Autonomous Holdings Ltd. (FRSX), with institutional investors hold 1.36% of the company’s shares. The shares outstanding are 62.55M, and float is at 31.53M with Short Float at 9.77%. Institutions hold 1.36% of the Float.
The top institutional shareholder in the company is Psagot Investment House Ltd. with over 0.33 million shares valued at $0.3 million. The investor’s holdings represent 0.59% of the FRSX Shares outstanding. As of Sep 29, 2020, the second largest holder is Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD with 0.33 million shares valued at $0.3 million to account for 0.58% of the shares outstanding. The other top investors are Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD which holds 0.12 million shares representing 0.21% and valued at over $0.11 million, while Virtu Financial LLC holds 0.04% of the shares totaling 24263.0 with a market value of $22266.0.
Foresight Autonomous Holdings Ltd. (FRSX): Who are the competitors?
The company’s main competitors (and peers) include Stratus Properties Inc. (STRS) that is trading -14.49% down over the past 12 months. Short interest in the company’s stock has risen 63.64% from the last report on Nov 12, 2020 to stand at a total of 1.12 million short shares sold with a short interest ratio of 0.35.