FRGT Stock Overview
Freight Technologies, Inc., through its subsidiary, operates a transportation logistics technology platform that offers truckload freight services in the United States, Mexico, and Canada.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Freight Technologies, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.92 |
| 52 Week High | US$20.85 |
| 52 Week Low | US$0.84 |
| Beta | 1.6 |
| 1 Month Change | -36.64% |
| 3 Month Change | -67.90% |
| 1 Year Change | -94.72% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -99.73% |
Recent News & Updates
With A 27% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For
Mar 22
Freight Technologies, Inc. (NASDAQ:FRGT) Doing What It Can To Lift Shares
Jan 18Recent updates
With A 27% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For
Mar 22Freight Technologies, Inc. (NASDAQ:FRGT) Doing What It Can To Lift Shares
Jan 18It's Down 25% But Freight Technologies, Inc. (NASDAQ:FRGT) Could Be Riskier Than It Looks
Jun 13Freight Technologies lowers 2022 revenue forecast
Aug 26Freight technologies’ Fr8App upgrades its electronic data interchange
Jul 12Shareholder Returns
| FRGT | US Logistics | US Market | |
|---|---|---|---|
| 7D | -5.1% | -3.7% | -3.7% |
| 1Y | -94.7% | -17.7% | 20.2% |
Return vs Industry: FRGT underperformed the US Logistics industry which returned -18.1% over the past year.
Return vs Market: FRGT underperformed the US Market which returned 20.5% over the past year.
Price Volatility
| FRGT volatility | |
|---|---|
| FRGT Average Weekly Movement | 14.2% |
| Logistics Industry Average Movement | 5.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: FRGT's share price has been volatile over the past 3 months.
Volatility Over Time: FRGT's weekly volatility has decreased from 22% to 14% over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 86 | Javier Selgas | fr8technologies.com |
Freight Technologies, Inc., through its subsidiary, operates a transportation logistics technology platform that offers truckload freight services in the United States, Mexico, and Canada. 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
| FRGT fundamental statistics | |
|---|---|
| Market cap | US$57.27m |
| Earnings (TTM) | -US$8.14m |
| Revenue (TTM) | US$19.68m |
2.9x
P/S Ratio-7.0x
P/E RatioIs FRGT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FRGT income statement (TTM) | |
|---|---|
| Revenue | US$19.68m |
| Cost of Revenue | US$23.15m |
| Gross Profit | -US$3.47m |
| Other Expenses | US$4.68m |
| Earnings | -US$8.14m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.13 |
| Gross Margin | -17.61% |
| Net Profit Margin | -41.37% |
| Debt/Equity Ratio | 102.8% |
How did FRGT perform over the long term?
See historical performance and comparison