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Freight Technologies Inc (NASDAQ: FRGT) closed the day trading at $0.91 up 5.02% from the previous closing price of $0.87. In other words, the price has increased by $5.02 from its previous closing price. On the day, 1.98 million shares were traded. FRGT stock price reached its highest trading level at $1.11 during the session, while it also had its lowest trading level at $0.85.
Ratios:
For a better understanding of FRGT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.54 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 2232096 and an Enterprise Value of 56525840. Its current Enterprise Value per Revenue stands at 2.872 whereas that against EBITDA is -7.612.
Stock Price History:
Over the past 52 weeks, FRGT has reached a high of $20.85, while it has fallen to a 52-week low of $0.84. The 50-Day Moving Average of the stock is -36.56%, while the 200-Day Moving Average is calculated to be -73.21%.
Shares Statistics:
Over the past 3-months, FRGT traded about 516.44K shares per day on average, while over the past 10 days, FRGT traded about 303010 shares per day. A total of 2.44M shares are outstanding, with a floating share count of 2.44M. Insiders hold about 0.31% of the company’s shares, while institutions hold 0.83% stake in the company. Shares short for FRGT as of 1713139200 were 43764 with a Short Ratio of 0.08, compared to 1710460800 on 87106. Therefore, it implies a Short% of Shares Outstanding of 43764 and a Short% of Float of 1.79.
Earnings Estimates
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 1.0 analysts recommending between -$3.6 and -$3.6.
Revenue Estimates
1 analysts predict $26.4M in revenue for the current quarter. 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
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 $25.89MBased 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.
