The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing 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
The price of Freight Technologies Inc (NASDAQ: FRGT) closed at $0.33 in the last session, up 1.98% from day before closing price of $0.32. In other words, the price has increased by $1.98 from its previous closing price. On the day, 2.21 million shares were traded. FRGT stock price reached its highest trading level at $0.3499 during the session, while it also had its lowest trading level at $0.3269.
Ratios:
We take a closer look at FRGT’s different ratios to gain a better understanding of the stock. 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 4742034 and an Enterprise Value of 56358940. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at 3.303 whereas that against EBITDA is -6.838.
Stock Price History:
The Beta on a monthly basis for FRGT is 1.54, which has changed by -0.9652631 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, FRGT has reached a high of $14.00, while it has fallen to a 52-week low of $0.31. The 50-Day Moving Average of the stock is -45.43%, while the 200-Day Moving Average is calculated to be -84.38%.
Shares Statistics:
According to the various share statistics, FRGT traded on average about 4.98M shares per day over the past 3-months and 1156040 shares per day over the past 10 days. A total of 14.37M shares are outstanding, with a floating share count of 13.00M. Insiders hold about 9.52% of the company’s shares, while institutions hold 0.38% stake in the company. Shares short for FRGT as of 1718323200 were 109144 with a Short Ratio of 0.02, compared to 1715731200 on 6194. Therefore, it implies a Short% of Shares Outstanding of 109144 and a Short% of Float of 2.3.
