Freight Technologies Inc (FRGT)’s Market Momentum: Closing Strong at 0.18, Down -0.22

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, Freight Technologies Inc’s stock clocked out at $0.18, down -0.22% from its previous closing price of $0.18. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 0.6 million shares were traded. FRGT stock price reached its highest trading level at $0.1856 during the session, while it also had its lowest trading level at $0.177.

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 1.25 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 2586564 and an Enterprise Value of 31429944. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at 1.842 whereas that against EBITDA is -3.813.

Stock Price History:

Over the past 52 weeks, FRGT has reached a high of $14.00, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is -51.65%, while the 200-Day Moving Average is calculated to be -89.54%.

Shares Statistics:

It appears that FRGT traded 4.82M shares on average per day over the past three months and 1246680 shares per day over the past ten days. 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 0.14% stake in the company. Shares short for FRGT as of 1721001600 were 118642 with a Short Ratio of 0.05, compared to 1718323200 on 109144. Therefore, it implies a Short% of Shares Outstanding of 118642 and a Short% of Float of 0.8500000000000001.

Most Popular