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The closing price of Freight Technologies Inc (NASDAQ: FRGT) was $1.36 for the day, down -2.86% from the previous closing price of $1.40. In other words, the price has decreased by -$2.86 from its previous closing price. On the day, 52600.0 shares were traded. FRGT stock price reached its highest trading level at $1.46 during the session, while it also had its lowest trading level at $1.35.
Ratios:
Our analysis of FRGT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 1.16 whereas as Long-Term Debt/Eq ratio is at 0.09.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FRGT now has a Market Capitalization of 2726895 and an Enterprise Value of 224676272. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 13.169 whereas that against EBITDA is -27.26.
Stock Price History:
Over the past 52 weeks, FRGT has reached a high of $350.00, while it has fallen to a 52-week low of $1.35. The 50-Day Moving Average of the stock is -24.55%, while the 200-Day Moving Average is calculated to be -90.44%.
Shares Statistics:
FRGT traded an average of 524.39K shares per day over the past three months and 73130 shares per day over the past ten days. A total of 2.19M shares are outstanding, with a floating share count of 1.99M. Insiders hold about 0.98% of the company’s shares, while institutions hold 2.13% stake in the company. Shares short for FRGT as of 1731628800 were 59426 with a Short Ratio of 0.11, compared to 1728950400 on 31639. Therefore, it implies a Short% of Shares Outstanding of 59426 and a Short% of Float of 2.9899999999999998.
