As of close of business last night, Freight Technologies Inc’s stock clocked out at $2.06, down -0.96% from its previous closing price of $2.08. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 16139709 shares were traded. FRGT stock price reached its highest trading level at $2.6900 during the session, while it also had its lowest trading level at $1.8600.
Ratios:
To gain a deeper understanding of FRGT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.54 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.43.
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 5.03M and an Enterprise Value of 6.14M. Its current Enterprise Value per Revenue stands at 0.31 whereas that against EBITDA is -0.92.
Stock Price History:
Over the past 52 weeks, FRGT has reached a high of $34.10, while it has fallen to a 52-week low of $1.86. The 50-Day Moving Average of the stock is 2.9334, while the 200-Day Moving Average is calculated to be 5.4883.
Shares Statistics:
It appears that FRGT traded 531.99K shares on average per day over the past three months and 310.02k shares per day over the past ten days. A total of 2.44M shares are outstanding, with a floating share count of 2.40M. Insiders hold about 1.87% of the company’s shares, while institutions hold 0.90% stake in the company. Shares short for FRGT as of Jan 31, 2024 were 33.01k with a Short Ratio of 0.06, compared to 49.84k on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.35% and a Short% of Float of 1.35%.
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 -$4.6 and -$4.6 for the fiscal current year, implying an average EPS of -$4.6. EPS for the following year is -$3.6, with 1 analysts recommending between -$3.6 and -$3.6.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $26.4M. It ranges from a high estimate of $26.4M to a low estimate of $26.4M. As of the current estimate, Freight Technologies Inc’s year-ago sales were $25.89M, an estimated increase of 2.00% from the year-ago figure.
A total of 1 analysts have provided revenue estimates for FRGT’s current fiscal year. The highest revenue estimate was $26.4M, while the lowest revenue estimate was $26.4M, resulting in an average revenue estimate of $26.4M. In the same quarter a year ago, actual revenue was $25.89M, up 2.00% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $40.9M in the next fiscal year. The high estimate is $40.9M and the low estimate is $40.9M. The average revenue growth estimate for next year is up 54.90% from the average revenue estimate for this year.
