Freight Technologies, Inc. (FRGT)

NASDAQ: FRGT · IEX Real-Time Price · USD
0.323
+0.009 (3.00%)
At close: Dec 2, 2022 4:00 PM
0.325
+0.002 (0.74%)
Pre-market: Dec 5, 2022 5:43 AM EST
3%
Market Cap 3.16M
Revenue (ttm) 13.83M
Net Income (ttm) -6.03M
Shares Out 18.98M
EPS (ttm) -0.40
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 409,654
Open 0.315
Previous Close 0.313
Day's Range 0.3 - 0.33
52-Week Range 0.18 - 8.744
Beta n/a
Analysts Buy
Price Target 2.30 (+613.2%)
Earnings Date n/a

About FRGT

Freight Technologies, Inc. operates as a transportation logistics technology platform company. The company through its subsidiary, Freight App, Inc., provides business to business cross-border shipping logistics. Its Fr8App uses proprietary technology platform to connect carriers and shippers and improve matching and operation efficiency via technologies, such as live pricing and real-time tracking, digital freight marketplace, broker, transportation and fleet management, and capacity solutions. The company offers a computerized platform that h... [Read more]

Industry Software-Application
Founded 2015
Employees 90
Stock Exchange NASDAQ
Ticker Symbol FRGT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for FRGT stock is "Buy." The 12-month stock price forecast is 2.3, which is an increase of 613.18% from the latest price.

Price Target
$2.3
(613.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Freight Technologies, Inc. Announces Q3 2022 Revenue Growth of 38% vs. Q3 2021 and YTD Q3 2022 Revenue Growth of 32% vs.

Increases reflect continuing growth of Fr8Fleet and strong performance in cross-border shipments Increases reflect continuing growth of Fr8Fleet and strong performance in cross-border shipments

2 weeks ago - GlobeNewsWire

Freight Technologies, Inc. Announces First Analyst Coverage, Receiving ‘Buy' Recommendation from Chardan

HOUSTON, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech''), a technology company based on its custom-developed Fr8App platform, which is powered by AI and machine ...

2 weeks ago - GlobeNewsWire

5 Investors Betting Big on Freight Technologies (FRGT) Stock

Freight Technologies (NASDAQ: FRGT ) stock is flying higher by more than 120% today after receiving a $2.25 price target from Chardan Capital Markets analyst Brian Dobson. This price target implies 300%...

2 weeks ago - InvestorPlace

Freight Technologies, Inc., receives notification from NASDAQ

HOUSTON, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, Fr8Tech or Company), a technology company developing solutions to optimize and automate the supply chain process and ...

1 month ago - GlobeNewsWire

Freight Technologies, Inc. Enters into new Fr8Private Fleet multi-year commitment with Kimberly Clark de Mexico, S.A....

Private Fleet Continues Accelerating Growth Private Fleet Continues Accelerating Growth

1 month ago - GlobeNewsWire

Freight Technologies, Inc. Expands Relationship with Leading Glass Container Manufacturer to Incorporate Canadian Routes

Recurring business validates Fr8App's efficacy and establishes new Canadian business Recurring business validates Fr8App's efficacy and establishes new Canadian business

1 month ago - GlobeNewsWire

Freight Technologies, Inc., to Participate in H.C. Wainwright 24th Annual Global Investment Conference

Chief Financial Officer Paul Freudenthaler and President Mike Flinker will present company's latest updates Chief Financial Officer Paul Freudenthaler and President Mike Flinker will present company's l...

2 months ago - GlobeNewsWire

Freight Technologies, Inc. Expands Relationship with Kimberly Clark de Mexico, S.A.B. de C.V.

KCM Validates Fr8App by Selecting Third Transportation Logistics Service KCM Validates Fr8App by Selecting Third Transportation Logistics Service

2 months ago - GlobeNewsWire

Freight Technologies, Inc. Grows Q2 2022 Revenue 60% vs. Q1 2022 and 45% vs.

Increases reflect growth Fr8Fleet and U.S. Domestic Services Increases reflect growth Fr8Fleet and U.S. Domestic Services

3 months ago - GlobeNewsWire

Freight Technologies, Inc. Provides Company Update

Files SEC Form F-1, Continues Improving Position for Growth in Cross-border, U.S. and Mexican Markets Files SEC Form F-1, Continues Improving Position for Growth in Cross-border, U.S. and Mexican Markets

3 months ago - GlobeNewsWire

Freight Technologies (FRGT) Stock Soars 80% on Samsung Contract News

Snarled supply chains represent one of the core roadblocks of the new normal. However, transportation optimization firm Freight Technologies (NASDAQ: FRGT ) has been hard at work improving the process a...

4 months ago - InvestorPlace

Freight Technologies, Inc. Awarded Samsung Mexico SDS Contract

- Cross Border and Paper Free Capabilities Continue to Create Advantages - - Cross Border and Paper Free Capabilities Continue to Create Advantages -

4 months ago - GlobeNewsWire

Freight Technologies' Fr8App Upgrades Its Electronic Data Interchange

EDI enhanced with location sharing and shipment status increases Fr8App attractiveness for large shippers EDI enhanced with location sharing and shipment status increases Fr8App attractiveness for large...

4 months ago - GlobeNewsWire

Freight Technologies' Fr8App Prepares for CFDI 4.0 in Mexico

- Fr8App automates an essential process for CFDI 4.0 - - Fr8App automates an essential process for CFDI 4.0 -

5 months ago - GlobeNewsWire

Freight Technologies, Inc. Integrated with newtrul, Significantly Expanding Network Scope and Reach

Fr8App Increases Access to over 100,000 Carriers Based in the United States Fr8App Increases Access to over 100,000 Carriers Based in the United States

5 months ago - GlobeNewsWire

Hudson Capital to Change Name to Freight Technologies, Inc. and Ticker to FRGT

HOUSTON, May 26, 2022 (GLOBE NEWSWIRE) -- Hudson Capital Inc. (NASDAQ: HUSN) will change its name to Freight Technologies, Inc. (Fr8Tech), its Nasdaq Capital Market exchange ticker symbol to FRGT, and i...

6 months ago - GlobeNewsWire

Hudson Capital and Fr8App Increased Preliminary Q1 2022 Revenue 11% over Q1 2021

Reaffirms 2022 Revenue Guidance of Approximately $40 Million Reaffirms 2022 Revenue Guidance of Approximately $40 Million

6 months ago - GlobeNewsWire

Hudson Capital Reports Full Year 2021 Results

HOUSTON, April 29, 2022 (GLOBE NEWSWIRE) -- Hudson Capital, Inc. (NASDAQ: HUSN) reported full year 2021 financial results for the period ended December 31, 2021. Hudson Capital filed a Form 20-F with th...

7 months ago - GlobeNewsWire

Top Penny Stocks Today: Why XELA, SGBX, HUSN, DIDI and BLBX Are Up Friday

Penny stocks are on the move Friday and we're diving into the top ones that investors will want to keep an eye on today! The post Top Penny Stocks Today: Why XELA, SGBX, HUSN, DIDI and BLBX Are Up Frida...

Other symbols: BLBXSGBXXELA
8 months ago - InvestorPlace

Hudson Capital stock soars to lead premarket gainers after sale of China-based subsidiary

Shares of Hudson Capital Inc. HUSN, -8.96% rocketed 34.2% in active trading to pace all premarket gainers, after the Texas-based transportation logistics company, with a specialty in U.S.-Mexico-Canada ...

8 months ago - Market Watch

Hudson Capital Prioritizes U.S. Operations and Sells Chinese Assets

HOUSTON, April 01, 2022 (GLOBE NEWSWIRE) -- Hudson Capital Inc. (NASDAQ: HUSN) announced that on March 30, 2022, it has sold its wholly-owned subsidiary, Hong Kong Internet Financial Services (HKIFS), t...

8 months ago - GlobeNewsWire

Top Penny Stocks Today: Why NILE, CEI, CENN, UTME, HUSN and BBIG Are Soaring Today

We're checking in on the top penny stocks that investors will want to keep an eye on today in our market update for Monday. The post Top Penny Stocks Today: Why NILE, CEI, CENN, UTME, HUSN and BBIG Are ...

Other symbols: BBIGCEICENNNILEUTME
8 months ago - InvestorPlace

Fr8App New Product Line, Fr8PrivateFleet, Gaining Traction

HOUSTON, March 21, 2022 (GLOBE NEWSWIRE) -- Hudson Capital Inc. (NASDAQ: HUSN) (Hudson) and its wholly owned subsidiary Freight App, Inc. (Fr8App), announced its recently launched technology solution, F...

8 months ago - GlobeNewsWire

Freight App, Inc., to Hold an Investor Webinar with a Q&A Session on Wednesday, February 23, 2022

HOUSTON, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Hudson Capital Inc. (NASDAQ: HUSN) (Hudson) and its wholly owned subsidiary Freight App, Inc. (Fr8App), as announced on February 15, 2022, will as a hold a web...

9 months ago - GlobeNewsWire

Hudson Capital Combines with Freight App, Inc., Adopts its Leadership Team and US Headquarters

- Management to Host Webinar on February 23 - - Management to Host Webinar on February 23 -

9 months ago - GlobeNewsWire