Freight Technologies (FRGT) Stock Price, News & Analysis

Company Overview

Freight Technologies, Inc., through its subsidiary, operates a transportation logistics technology platform for cross-border shipping in the United States and Mexico. Its Fr8App technology platform offers an online portal and a mobile application that provide third-party logistics services to companies in the freight transportation market; a transport management solution for customers to manage their own fleet; and freight brokerage support and customer services based on the platform. The company was incorporated in 2015 and is headquartered in The Woodlands, Texas.

Key Stats

• Today's Range: $1.67 to $1.85
• 50-Day Range: $1.36 to $2.18
• 52-Week Range: $1.30 to $97.05
• Volume: 100,852 shs
• Average Volume: 214,961 shs
• Market Capitalization: $2.53 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Freight Technologies Stock Analysis - MarketRank™

Freight Technologies scored higher than 9% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Freight Technologies.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Freight Technologies has a P/B Ratio of 0.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.45% of the float of Freight Technologies has been sold short.

Short Interest Ratio / Days to Cover

Freight Technologies has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Freight Technologies has recently decreased by 51.35%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Freight Technologies does not currently pay a dividend.

Dividend Growth

Freight Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.45% of the float of Freight Technologies has been sold short.

Short Interest Ratio / Days to Cover

Freight Technologies has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Freight Technologies has recently decreased by 51.35%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Freight Technologies this week, compared to 1 article on an average week.

Search Interest

1 people have searched for FRGT on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Freight Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 9.00% of the stock of Freight Technologies is held by insiders.

Percentage Held by Institutions

Only 6.24% of the stock of Freight Technologies is held by institutions.

FRGT Stock Analysis - Frequently Asked Questions

How have FRGT shares performed this year?

Freight Technologies' stock was trading at $3.3610 at the start of the year. Since then, FRGT stock has decreased by 47.3% and is now trading at $1.77.
View the best growth stocks for 2024 here.

When did Freight Technologies' stock split?

Freight Technologies shares reverse split on Monday, February 5th 2024. The 1-10 reverse split was announced on Monday, February 5th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, February 5th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Freight Technologies' major shareholders?

Top institutional investors of Freight Technologies include Barclays PLC (1.91%) and Barclays PLC (1.91%).

How do I buy shares of Freight Technologies?

Shares of FRGT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Freight Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Freight Technologies investors own include Meta Platforms (META), NIO (NIO), NVIDIA (NVDA), Tesla (TSLA), Zomedica (ZOM), Atossa Therapeutics (ATOS) and Alibaba Group (BABA).

Company Calendar

• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Management consulting services
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:FRGT
• CUSIP: N/A
• CIK: 1687542
• Web: www.hudsoncapitalusa.com
• Phone: (773) 905-5076
• Fax: N/A
• Employees: 78
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $17.06 million
• Price / Sales: 0.15
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $641.74 per share
• Price / Book: 0.00

Miscellaneous

• Outstanding Shares: 1,430,000
• Free Float: 1,301,000
• Market Cap: $2.53 million
• Optionable: Not Optionable
• Beta: 1.54