Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Freight Technologies Inc (NASDAQ: FRGT) closed the day trading at $1.36 down -2.16% from the previous closing price of $1.39. In other words, the price has decreased by -$2.16 from its previous closing price. On the day, 51119.0 shares were traded. FRGT stock price reached its highest trading level at $1.4137 during the session, while it also had its lowest trading level at $1.3108.
Ratios:
For a better understanding of FRGT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 0.91.
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 273902976. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16. Its current Enterprise Value per Revenue stands at 16.055 whereas that against EBITDA is -33.232.
Stock Price History:
Over the past 52 weeks, FRGT has reached a high of $82.50, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is -16.75%, while the 200-Day Moving Average is calculated to be -82.43%.
Shares Statistics:
Over the past 3-months, FRGT traded about 172.12K shares per day on average, while over the past 10 days, FRGT traded about 289860 shares per day. 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 1734048000 were 130115 with a Short Ratio of 0.52, compared to 1731628800 on 59426. Therefore, it implies a Short% of Shares Outstanding of 130115 and a Short% of Float of 6.54.
