Freight Technologies Inc (NASDAQ: FRGT) is -23.28% lower on its value in year-to-date trading and has touched a low of $0.71 and a high of $42.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FRGT stock was last observed hovering at around $2.08 in the last trading session, with the day’s loss setting it -0.63%.
Currently trading at $1.45, the stock is 39.18% and 24.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.49 million and changing -30.29% at the moment leaves the stock -35.01% off its SMA200. FRGT registered -92.32% loss for a year compared to 6-month loss of -16.67%.
The stock witnessed a 31.82% gain in the last 1 month and extending the period to 3 months gives it a 13.28%, and is 44.65% 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 36.17% over the week and 20.13% over the month.
Freight Technologies Inc (FRGT) has around 82 employees, a market worth around $3.40M and $13.73M in sales. Profit margin for the company is -40.80%. Distance from 52-week low is 105.50% and -96.59% from its 52-week high.
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Freight Technologies Inc (FRGT) Top Institutional Holders
The shares float is at 2.24M with Short Float at 5.85%.
Freight Technologies Inc (FRGT) Insider Activity
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