company background image
FRGT logo

Freight Technologies NasdaqCM:FRGT Stock Report

Last Price

US$1.77

Market Cap

US$290.5m

7D

3.5%

1Y

-98.0%

Updated

22 Dec, 2024

Data

Company Financials

Freight Technologies, Inc.

NasdaqCM:FRGT Stock Report

Market Cap: US$290.5m

FRGT Stock Overview

Through its subsidiary, operates a transportation logistics technology platform for cross-border shipping in the United States and Mexico. More details

FRGT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Freight Technologies, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Freight Technologies
Historical stock prices
Current Share PriceUS$1.77
52 Week HighUS$97.05
52 Week LowUS$1.30
Beta1.47
1 Month Change20.41%
3 Month Change-12.59%
1 Year Change-97.98%
3 Year Changen/a
5 Year Changen/a
Change since IPO-99.98%

Recent News & Updates

With A 27% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For

Sep 12
With A 27% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For

Recent updates

With A 27% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For

Sep 12
With A 27% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For

What You Can Learn From Freight Technologies, Inc.'s (NASDAQ:FRGT) P/S After Its 43% Share Price Crash

Jun 20
What You Can Learn From Freight Technologies, Inc.'s (NASDAQ:FRGT) P/S After Its 43% Share Price Crash

With A 43% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For

May 06
With A 43% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For

With A 27% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For

Mar 22
With A 27% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For

Freight Technologies, Inc. (NASDAQ:FRGT) Doing What It Can To Lift Shares

Jan 18
Freight Technologies, Inc. (NASDAQ:FRGT) Doing What It Can To Lift Shares

It's Down 25% But Freight Technologies, Inc. (NASDAQ:FRGT) Could Be Riskier Than It Looks

Jun 13
It's Down 25% But Freight Technologies, Inc. (NASDAQ:FRGT) Could Be Riskier Than It Looks

Freight Technologies lowers 2022 revenue forecast

Aug 26

Freight technologies’ Fr8App upgrades its electronic data interchange

Jul 12

Shareholder Returns

FRGTUS LogisticsUS Market
7D3.5%-3.1%-2.4%
1Y-98.0%-14.4%23.3%

Return vs Industry: FRGT underperformed the US Logistics industry which returned -14.4% over the past year.

Return vs Market: FRGT underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is FRGT's price volatile compared to industry and market?
FRGT volatility
FRGT Average Weekly Movement16.2%
Logistics Industry Average Movement6.8%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: FRGT's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: FRGT's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201578Javier Selgasfr8technologies.com

Freight Technologies, Inc., through its subsidiary, operates a transportation logistics technology platform for cross-border shipping in the United States and Mexico. Its Fr8App technology platform offers an online portal and a mobile application that provide third-party logistics services to companies in the freight transportation market; a transport management solution for customers to manage their own fleet; and freight brokerage support and customer services based on the platform. The company was incorporated in 2015 and is headquartered in The Woodlands, Texas.

Freight Technologies, Inc. Fundamentals Summary

How do Freight Technologies's earnings and revenue compare to its market cap?
FRGT fundamental statistics
Market capUS$290.46m
Earnings (TTM)-US$9.33m
Revenue (TTM)US$17.06m

17.0x

P/S Ratio

-31.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRGT income statement (TTM)
RevenueUS$17.06m
Cost of RevenueUS$21.67m
Gross Profit-US$4.61m
Other ExpensesUS$4.71m
Earnings-US$9.33m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.057
Gross Margin-27.04%
Net Profit Margin-54.67%
Debt/Equity Ratio117.1%

How did FRGT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:17
End of Day Share Price 2024/12/20 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Freight Technologies, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian DobsonChardan Capital Markets, LLC