Additionally, the 36-month beta value for FRSX is 1.75. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for FRSX is 10.83M and currently, short sellers hold a 1.58% ratio of that float. The average trading volume of FRSX on November 19, 2024 was 62.19K shares.
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FRSX) stock’s latest price update
Foresight Autonomous Holdings Ltd ADR (NASDAQ: FRSX)’s stock price has soared by 2.02 in relation to previous closing price of 0.67. Nevertheless, the company has seen a gain of 5.14% in its stock price over the last five trading days. globenewswire.com reported 2024-11-19 that Ness Ziona, Israel, Nov. 19, 2024 (GLOBE NEWSWIRE) — Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced that its stereoscopic 3D perception systems would likely comply with the strategic initiative of the impending Trump administration’s recent publicly stated commitment to establish a federal framework for fully self-driving vehicles and make it a top priority for the Department of Transportation.
FRSX’s Market Performance
Foresight Autonomous Holdings Ltd ADR (FRSX) has experienced a 5.14% rise in stock performance for the past week, with a 2.00% rise in the past month, and a -14.56% drop in the past quarter. The volatility ratio for the week is 8.08%, and the volatility levels for the past 30 days are at 7.19% for FRSX. The simple moving average for the past 20 days is 6.92% for FRSX’s stock, with a -26.67% simple moving average for the past 200 days.
Analysts’ Opinion of FRSX
Many brokerage firms have already submitted their reports for FRSX stocks, with The Benchmark Company repeating the rating for FRSX by listing it as a “Speculative Buy.” The predicted price for FRSX in the upcoming period, according to The Benchmark Company is $16 based on the research report published on March 02, 2018 of the previous year 2018.
FRSX Trading at 2.41% from the 50-Day Moving Average
After a stumble in the market that brought FRSX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -67.46% of loss for the given period.
Volatility was left at 7.19%, however, over the last 30 days, the volatility rate increased by 8.08%, as shares surge +2.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.19% lower at present.
During the last 5 trading sessions, FRSX rose by +3.26%, which changed the moving average for the period of 200-days by -41.12% in comparison to the 20-day moving average, which settled at $0.6384. In addition, Foresight Autonomous Holdings Ltd ADR saw -33.65% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for FRSX
Current profitability levels for the company are sitting at:
- -20.13 for the present operating margin
- 0.61 for the gross margin
The net margin for Foresight Autonomous Holdings Ltd ADR stands at -18.72. The total capital return value is set at -1.02. Equity return is now at value -85.38, with -66.19 for asset returns.
Currently, EBITDA for the company is -16.03 million with net debt to EBITDA at 0.75. When we switch over and look at the enterprise to sales, we see a ratio of 3.07. The receivables turnover for the company is 0.94for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.79.
Conclusion
In conclusion, Foresight Autonomous Holdings Ltd ADR (FRSX) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
