Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Freight Technologies Inc (NASDAQ: FRGT) closed the day trading at $1.59 down -20.50% from the previous closing price of $2.00. In other words, the price has decreased by -$20.50 from its previous closing price. On the day, 1.58 million shares were traded. FRGT stock price reached its highest trading level at $1.93 during the session, while it also had its lowest trading level at $1.59.
Ratios:
For a better understanding of FRGT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 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 3188061 and an Enterprise Value of 262416752. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 15.381 whereas that against EBITDA is -31.839.
Stock Price History:
Over the past 52 weeks, FRGT has reached a high of $97.05, while it has fallen to a 52-week low of $1.30. The 50-Day Moving Average of the stock is -4.80%, while the 200-Day Moving Average is calculated to be -81.64%.
Shares Statistics:
Over the past 3-months, FRGT traded about 148.96K shares per day on average, while over the past 10 days, FRGT traded about 127540 shares per day. A total of 2.01M shares are outstanding, with a floating share count of 1.99M. Insiders hold about 0.98% of the company’s shares, while institutions hold 2.13% stake in the company. Shares short for FRGT as of 1734048000 were 130115 with a Short Ratio of 0.87, compared to 1731628800 on 59426. Therefore, it implies a Short% of Shares Outstanding of 130115 and a Short% of Float of 6.54.
