There’s a different equity story being told by sentiment: Freight Technologies Inc. (FRGT).

As of close of business last night, Freight Technologies Inc.’s stock clocked out at $0.19, up 0.10% from its previous closing price of $0.19. In other words, the price has increased by $+0.0002 from its previous closing price. On the day, 1307900 shares were traded. FRGT stock price reached its highest trading level at $0.2101 during the session, while it also had its lowest trading level at $0.1800.

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To gain a deeper understanding of FRGT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 1.80 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.61.

Stock Price History:

Over the past 52 weeks, FRGT has reached a high of $3.60, while it has fallen to a 52-week low of $0.18. The 50-Day Moving Average of the stock is 0.3051, while the 200-Day Moving Average is calculated to be 0.8361.

Shares Statistics:

It appears that FRGT traded 3.89M shares on average per day over the past three months and 2.88M shares per day over the past ten days. A total of 10.17M shares are outstanding, with a floating share count of 8.49M. Insiders hold about 8.18% of the company’s shares, while institutions hold 6.80% stake in the company. Shares short for FRGT as of Jan 12, 2023 were 347.5k with a Short Ratio of 0.45M, compared to 202.94k on Dec 14, 2022.

Earnings Estimates

As of right now, 0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$0.08 and -$0.08 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is -$0.06, with 1 analysts recommending between -$0.06 and -$0.06.

Revenue Estimates

Based on 1 analysts’ estimates, the company’s revenue will be $46.6M in the next fiscal year. The high estimate is $46.6M and the low estimate is $46.6M. The average revenue growth estimate for next year is up 54.80% from the average revenue estimate for this year.