Foresight Autonomous Holdings Ltd ADR (NASDAQ: FRSX) is -67.64% lower on its value in year-to-date trading and has touched a low of $0.47 and a high of $2.63 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 FRSX stock was last observed hovering at around $0.47 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.48, the stock is -11.07% and -20.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 1.89% at the moment leaves the stock -39.02% off its SMA200. FRSX registered -55.24% loss for a year compared to 6-month loss of -23.86%.
The stock witnessed a -18.25% gain in the last 1 month and extending the period to 3 months gives it a -32.32%, and is -10.62% down 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 3.52% over the week and 2.99% over the month.
Foresight Autonomous Holdings Ltd ADR (FRSX) has around 72 employees, a market worth around $10.64M and $0.44M in sales. Profit margin for the company is -2554.59%. Distance from 52-week low is 2.97% and -81.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-151.79%).
The shares outstanding are 22.22M, and float is at 17.32M with Short Float at 1.92%.
The top institutional shareholder in the company is ALTSHULER SHAHAM LTD with over 2.95 million shares valued at $96469.0. The investor’s holdings represent 17.3862 of the FRSX Shares outstanding. As of 2024-06-30, the second largest holder is AMH EQUITY LTD with 0.73 million shares valued at $0.7 million to account for 4.2804 of the shares outstanding. The other top investors are QUINN OPPORTUNITY PARTNERS LLC which holds 53021.0 shares representing 0.3127 and valued at over $50810.0, while RENAISSANCE TECHNOLOGIES LLC holds 0.2114 of the shares totaling 35854.0 with a market value of $34359.0.
