In the latest session, Freight Technologies Inc (NASDAQ: FRGT) closed at $1.00 down -14.09% from its previous closing price of $1.16. In other words, the price has decreased by -$0.1634 from its previous closing price. On the day, 574717 shares were traded.
Ratios:
For a deeper understanding of Freight Technologies Inc’s stock, let’s take a closer look at its various 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 2.83M and an Enterprise Value of 3.94M. Its current Enterprise Value per Revenue stands at 0.20 whereas that against EBITDA is -0.59.
Stock Price History:
Over the past 52 weeks, FRGT has reached a high of $34.10, while it has fallen to a 52-week low of $1.11. The 50-Day Moving Average of the stock is 1.7678, while the 200-Day Moving Average is calculated to be 3.8528.
Shares Statistics:
For the past three months, FRGT has traded an average of 534.44K shares per day and 188.28k over the past ten days. A total of 2.44M shares are outstanding, with a floating share count of 2.43M. Insiders hold about 0.43% of the company’s shares, while institutions hold 0.83% stake in the company. Shares short for FRGT as of Mar 15, 2024 were 87.11k with a Short Ratio of 0.16, compared to 56.39k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.57% and a Short% of Float of 3.57%.
Earnings Estimates
There are 0 different market analysts currently analyzing its stock. 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 analysts recommending between -$3.6 and -$3.6.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $26.4M this 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, an estimated increase of 2.00% from the year-ago figure.
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 $25.89M, up 2.00% from the average estimate. Based 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. The average revenue growth estimate for next year is up 54.90% from the average revenue estimate for this year.
