Freight Technologies Stock Price on January 30, 2024

FRGT Stock  USD 1.75  0.07  4.17%   
Below is the normalized historical share price chart for Freight Technologies extending back to August 08, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Freight Technologies stands at 1.75, as last reported on the 11th of December 2024, with the highest price reaching 1.75 and the lowest price hitting 1.68 during the day.
IPO Date
8th of August 2017
200 Day MA
12.7179
50 Day MA
1.6942
Beta
1.48
 
Covid
If you're considering investing in Freight Stock, it is important to understand the factors that can impact its price. Freight Technologies secures Sharpe Ratio (or Efficiency) of -0.0821, which denotes the company had a -0.0821% return per unit of risk over the last 3 months. Freight Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Freight Technologies' Mean Deviation of 5.85, standard deviation of 7.57, and Variance of 57.26 to check the risk estimate we provide.
  
At this time, Freight Technologies' Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 16.1 M in 2024, whereas Sale Purchase Of Stock is likely to drop (504.7 K) in 2024. . Price To Sales Ratio is likely to drop to 5.60 in 2024. Price Earnings Ratio is likely to gain to -10.24 in 2024. Freight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0821

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Estimated Market Risk

 7.49
  actual daily
66
66% of assets are less volatile

Expected Return

 -0.62
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Freight Technologies is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Freight Technologies by adding Freight Technologies to a well-diversified portfolio.
Price Book
1.1674
Enterprise Value Ebitda
(1.02)
Price Sales
0.1974
Shares Float
96.8 K
Wall Street Target Price
90

Freight Technologies Valuation on January 30, 2024

It is possible to determine the worth of Freight Technologies on a given historical date. On January 30, 2024 Freight was worth 65.35 at the beginning of the trading date compared to the closed value of 62.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Freight Technologies stock. Still, in general, we apply an absolute valuation method to find Freight Technologies' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Freight Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Freight Technologies' related companies.
 Open High Low Close Volume
  71.87    72.50    67.32    69.50    3,499  
01/30/2024
  65.35    68.78    60.10    62.75    7,590  
  62.75    65.75    62.50    63.50    2,979  
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Open Value
65.35
62.75
Closing Value
87.82
Upside

Freight Technologies Trading Date Momentum on January 30, 2024

On January 31 2024 Freight Technologies was traded for  63.50  at the closing time. The top price for the day was 65.75  and the lowest listed price was  62.50 . The trading volume for the day was 3 K. The trading history from January 31, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 1.20% . The overall trading delta against the current closing price is 19.92% .

Freight Technologies Fundamentals Correlations and Trends

By evaluating Freight Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Freight Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Freight financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Freight Technologies Stock history

Freight Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Freight is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Freight Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Freight Technologies stock prices may prove useful in developing a viable investing in Freight Technologies
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.2 M1.3 M
Net Loss-7.4 M-7.7 M

Freight Technologies Stock Technical Analysis

Freight Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Freight Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Freight Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Freight Technologies Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Freight Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Freight Technologies December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Freight Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freight Technologies shares will generate the highest return on investment. By undertsting and applying Freight Technologies stock market strength indicators, traders can identify Freight Technologies entry and exit signals to maximize returns

Freight Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Freight Technologies' price direction in advance. Along with the technical and fundamental analysis of Freight Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Freight to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Freight Stock Analysis

When running Freight Technologies' price analysis, check to measure Freight Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freight Technologies is operating at the current time. Most of Freight Technologies' value examination focuses on studying past and present price action to predict the probability of Freight Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freight Technologies' price. Additionally, you may evaluate how the addition of Freight Technologies to your portfolios can decrease your overall portfolio volatility.