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After finishing at $0.28 in the prior trading day, Freight Technologies Inc (NASDAQ: FRGT) closed at $0.30, up 5.78%. In other words, the price has increased by $5.78 from its previous closing price. On the day, 2.02 million shares were traded. FRGT stock price reached its highest trading level at $0.309 during the session, while it also had its lowest trading level at $0.28.
Ratios:
Our goal is to gain a better understanding of FRGT by taking a closer look at its different ratios. 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 4310940 and an Enterprise Value of 51373140. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at 3.011 whereas that against EBITDA is -6.233.
Stock Price History:
The Beta on a monthly basis for FRGT is 1.53, which has changed by -0.96168584 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, FRGT has reached a high of $14.00, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is -44.19%, while the 200-Day Moving Average is calculated to be -85.17%.
Shares Statistics:
The stock has traded on average 5.09M shares per day over the past 3-months and 1147990 shares per day over the last 10 days, according to various share statistics. A total of 14.37M shares are outstanding, with a floating share count of 13.88M. Insiders hold about 3.41% of the company’s shares, while institutions hold 0.38% stake in the company. Shares short for FRGT as of 1719532800 were 160061 with a Short Ratio of 0.03, compared to 1717113600 on 18305. Therefore, it implies a Short% of Shares Outstanding of 160061 and a Short% of Float of 1.15.
