Freightos Reports Second Quarter 2024 Results with Record Performance Across KPIs
CRGO Stock | 2.85 0.09 3.06% |
About 61% of Freightos Limited's investor base is looking to short. The analysis of overall sentiment of trading Freightos Limited Ordinary stock suggests that many investors are alarmed at this time. Freightos Limited's investing sentiment overview a quick insight into current market opportunities from investing in Freightos Limited Ordinary. Many technical investors use Freightos Limited stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Freightos |
Freightos Limited , a leading vendor-neutral digital booking and payment platform for the international freight industry, today reported financial results for the quarter ended June 30, 2024, which report followed the announcement of the acquisition of Shipsta.
Read at finance.yahoo.com
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Freightos Limited Fundamental Analysis
We analyze Freightos Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freightos Limited using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freightos Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Net Asset
Net Asset Comparative Analysis
Freightos Limited is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Freightos Limited Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Freightos Limited stock to make a market-neutral strategy. Peer analysis of Freightos Limited could also be used in its relative valuation, which is a method of valuing Freightos Limited by comparing valuation metrics with similar companies.
Peers
Freightos Limited Related Equities
CHRW | CH Robinson | 2.40 | ||||
HUBG | Hub | 2.01 | ||||
LSTR | Landstar System | 1.75 | ||||
JBHT | JB Hunt | 1.44 | ||||
JYD | Jayud Global | 0.56 | ||||
EXPD | Expeditors International | 0.26 | ||||
RLGT | Radiant Logistics | 0.29 | ||||
FWRD | Forward Air | 2.30 | ||||
ATXG | Addentax Group | 7.22 |
Check out Freightos Limited Hype Analysis, Freightos Limited Correlation and Freightos Limited Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freightos Limited. If investors know Freightos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freightos Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Freightos Limited is measured differently than its book value, which is the value of Freightos that is recorded on the company's balance sheet. Investors also form their own opinion of Freightos Limited's value that differs from its market value or its book value, called intrinsic value, which is Freightos Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freightos Limited's market value can be influenced by many factors that don't directly affect Freightos Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freightos Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freightos Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freightos Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.