The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Freight Technologies Inc’s current trading price is -97.08% away from its 52-week high, while its distance from the 52-week low is -10.22%. The stock’s price range for this period has been between $1.11 and $34.10 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 0.57 million for the day, a number notably higher than the average daily volume of 0.53 million over the last three months.
Freight Technologies Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $34.10 on 04/13/23, while the lowest price for the same period was registered at $1.11 on 04/09/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Freight Technologies Inc (FRGT) has experienced a quarterly decline of -70.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.43M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.5122, with a change in price of -2.1900. Similarly, Freight Technologies Inc recorded 587,735 in trading volume during the last 100 days, posting a change of -68.65%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for FRGT stands at 0.97. Similarly, the long-term debt-to-equity ratio is also 0.43.
FRGT Stock Stochastic Average
Freight Technologies Inc’s raw stochastic average for the past 50 days is presently 2.56%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 6.85%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 6.76% and 7.26%, respectively.
FRGT Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -70.35% this year. Over the last six months, there has been a stronger performance of -69.90%. The price of FRGT leaped by -39.60% during the last 30 days period. For the last 5-days stocks have slided -18.31%.
