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After finishing at $1.00 in the prior trading day, Freight Technologies Inc (NASDAQ: FRGT) closed at $0.83, down -16.59%. In other words, the price has decreased by -$16.59 from its previous closing price. On the day, 1.81 million shares were traded. FRGT stock price reached its highest trading level at $0.9099 during the session, while it also had its lowest trading level at $0.8001.
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 1.54 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 2430945 and an Enterprise Value of 51465196. Its current Enterprise Value per Revenue stands at 2.615 whereas that against EBITDA is -6.931.
Stock Price History:
The Beta on a monthly basis for FRGT is 1.65, which has changed by -0.95608467 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. 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 -40.68%, while the 200-Day Moving Average is calculated to be -75.07%.
Shares Statistics:
The stock has traded on average 1.01M shares per day over the past 3-months and 3348220 shares per day over the last 10 days, according to various share statistics. 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 0.04, 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.
