Freight Technologies Announces Extinguishment of 1.1M of Outstanding Debt and Convertible Notes
FRGT Stock | USD 1.75 0.07 4.17% |
Slightly above 55% of Freight Technologies' private investors are presently thinking to get in. The analysis of the overall prospects from investing in Freight Technologies suggests that some traders are, at the present time, interested. Freight Technologies' investing sentiment can be driven by a variety of factors including economic data, Freight Technologies' earnings reports, geopolitical events, and overall market trends.
Freight |
HOUSTON, Sept. 03, 2024 -- Freight Technologies, Inc. , a technology company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, today announced that it has reached an agreement with Freight Opportunities LLC to extinguish 906K of outstanding promissory notes and accumulate
Read at finance.yahoo.com
Freight Technologies Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Freight Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Freight Technologies Fundamental Analysis
We analyze Freight Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freight Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freight Technologies 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.
Market Capitalization
Market Capitalization Comparative Analysis
Freight Technologies is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Freight Technologies 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 Freight Technologies stock to make a market-neutral strategy. Peer analysis of Freight Technologies could also be used in its relative valuation, which is a method of valuing Freight Technologies by comparing valuation metrics with similar companies.
Peers
Freight Technologies Related Equities
BLKB | Blackbaud | 2.69 | ||||
ENFN | Enfusion | 2.13 | ||||
CWAN | Clearwater Analytics | 0.66 | ||||
PCTY | Paylocity Holdng | 0.01 | ||||
PRGS | Progress Software | 0.19 | ||||
SPNS | Sapiens International | 0.21 | ||||
MLNK | Meridianlink | 0.61 | ||||
PLUS | EPlus | 0.68 | ||||
ALKT | Alkami Technology | 0.73 | ||||
PDFS | PDF Solutions | 2.07 |
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.