Freight Technologies Stock Today

FRGT Stock  USD 1.36  0.04  2.86%   

Performance

0 of 100

 
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Odds Of Distress

Over 85

 
High
 
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Freight Technologies is selling for under 1.36 as of the 28th of November 2024; that is 2.86 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.35. Freight Technologies has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Freight Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
8th of August 2017
Category
Technology
Classification
Information Technology
Freight Technologies, Inc. operates as a transportation logistics technology platform company. Freight Technologies, Inc. was incorporated in 2015 and is headquartered in The Woodlands, Texas. Freight Technologies operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 2.01 M outstanding shares of which 26.32 K shares are currently shorted by private and institutional investors with about 0.47 trading days to cover. More on Freight Technologies

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Freight Stock Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, Software, Data Storage, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.091.5976
Way Down
Slightly volatile
Total Current Liabilities7.4 M7.8 M
Notably Down
Very volatile
Non Current Liabilities Total230.3 K242.4 K
Notably Down
Pretty Stable
Total Assets16.1 M10.7 M
Way Up
Slightly volatile
Total Current Assets12.9 M9.8 M
Significantly Up
Slightly volatile
Debt Levels
Freight Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Freight Technologies' financial leverage. It provides some insight into what part of Freight Technologies' total assets is financed by creditors.
Liquidity
Freight Technologies currently holds 3.06 M in liabilities with Debt to Equity (D/E) ratio of 1.9, which is about average as compared to similar companies. Freight Technologies has a current ratio of 1.13, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Note, when we think about Freight Technologies' use of debt, we should always consider it together with its cash and equity.

Total Cash From Operating Activities

(5.5 Million)
Freight Technologies (FRGT) is traded on NASDAQ Exchange in USA. It is located in 2001 Timberloch Place, The Woodlands, TX, United States, 77380 and employs 78 people. Freight Technologies is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.81 M. Freight Technologies conducts business under Software sector and is part of Information Technology industry. The entity has 2.01 M outstanding shares of which 26.32 K shares are currently shorted by private and institutional investors with about 0.47 trading days to cover. Freight Technologies currently holds about 1.51 M in cash with (5.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check Freight Technologies Probability Of Bankruptcy
Ownership Allocation
Roughly 96.71 percent of Freight Technologies outstanding shares are held by general public with 0.069 (percent) owned by insiders and only 3.22 % by other corporate entities.
Check Freight Ownership Details

Freight Stock Institutional Holders

InstituionRecorded OnShares
Hrt Financial Llc2024-06-30
47.4 K
Two Sigma Investments Llc2024-09-30
0.0
Virtu Financial Llc2024-06-30
0.0
Ubs Group Ag2024-06-30
0.0
Citadel Advisors Llc2024-06-30
0.0
View Freight Technologies Diagnostics

Freight Technologies Historical Income Statement

At this time, Freight Technologies' Cost Of Revenue is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 4.8 M in 2024, despite the fact that Gross Profit is likely to grow to (4.8 M). View More Fundamentals

Freight Stock Against Markets

Freight Technologies Corporate Management

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.