Freight Technologies, Inc. (FRGT)
Total Valuation
FRGT has a market cap or net worth of $3.05 million. The enterprise value is $4.34 million.
Market Cap | 3.05M |
Enterprise Value | 4.34M |
Important Dates
The next estimated earnings date is Friday, April 19, 2024.
Earnings Date | Apr 19, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
FRGT has 2.44 million shares outstanding. The number of shares has increased by 393.33% in one year.
Shares Outstanding | 2.44M |
Shares Change (YoY) | +393.33% |
Shares Change (QoQ) | +70.06% |
Owned by Insiders (%) | 0.12% |
Owned by Institutions (%) | 1.19% |
Float | 2.36M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | n/a |
PS Ratio | 0.16 |
Forward PS | n/a |
PB Ratio | 1.01 |
P/FCF Ratio | n/a |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 0.22 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.54, with a Debt / Equity ratio of 1.03.
Current Ratio | 1.54 |
Quick Ratio | 1.27 |
Debt / Equity | 1.03 |
Debt / EBITDA | n/a |
Debt / FCF | n/a |
Interest Coverage | -6.45 |
Financial Efficiency
Return on equity (ROE) is -294.70% and return on invested capital (ROIC) is -113.12%.
Return on Equity (ROE) | -294.70% |
Return on Assets (ROA) | -71.40% |
Return on Capital (ROIC) | -113.12% |
Revenue Per Employee | $223,633 |
Profits Per Employee | -$92,526 |
Employee Count | 88 |
Asset Turnover | 1.73 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, FRGT has paid $92,984 in taxes.
Income Tax | 92,984 |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -92.05% in the last 52 weeks. The beta is 1.61, so FRGT's price volatility has been higher than the market average.
Beta (1Y) | 1.61 |
52-Week Price Change | -92.05% |
50-Day Moving Average | 2.00 |
200-Day Moving Average | 4.18 |
Relative Strength Index (RSI) | 33.43 |
Average Volume (30 Days) | 538,154 |
Short Selling Information
The latest short interest is 87,106, so 3.57% of the outstanding shares have been sold short.
Short Interest | 87,106 |
Short Previous Month | 190,093 |
Short % of Shares Out | 3.57% |
Short % of Float | 3.69% |
Short Ratio (days to cover) | 0.18 |
Income Statement
In the last 12 months, FRGT had revenue of $19.68 million and -$8.14 million in losses. Loss per share was -$4.40.
Revenue | 19.68M |
Gross Profit | 2.20M |
Operating Income | -6.96M |
Pretax Income | -8.05M |
Net Income | -8.14M |
EBITDA | n/a |
EBIT | -6.97M |
Loss Per Share | -$4.40 |
Balance Sheet
The company has $1.84 million in cash and $3.12 million in debt, giving a net cash position of -$1.28 million or -$0.52 per share.
Cash & Cash Equivalents | 1.84M |
Total Debt | 3.12M |
Net Cash | -1.28M |
Net Cash Per Share | -$0.52 |
Equity / Book Value | 3.04M |
Book Value Per Share | 1.24 |
Working Capital | 3.16M |
Cash Flow
Operating Cash Flow | n/a |
Capital Expenditures | n/a |
Free Cash Flow | n/a |
FCF Per Share | n/a |
Margins
Gross margin is 11.16%, with operating and profit margins of -35.38% and -41.37%.
Gross Margin | 11.16% |
Operating Margin | -35.38% |
Pretax Margin | -40.90% |
Profit Margin | -41.37% |
EBITDA Margin | n/a |
EBIT Margin | -35.41% |
FCF Margin | n/a |
Dividends & Yields
FRGT does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -393.33% |
Shareholder Yield | -393.33% |
Earnings Yield | -266.64% |
FCF Yield | n/a |
Analyst Forecast
The average price target for FRGT is $90.00, which is 6,796.55% higher than the current price. The consensus rating is "Strong Buy".
Price Target | $90.00 |
Price Target Difference | 6,796.55% |
Analyst Consensus | Strong Buy |
Analyst Count | 1 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on February 5, 2024. It was a reverse split with a ratio of 1:10.
Last Split Date | Feb 5, 2024 |
Split Type | Reverse |
Split Ratio | 1:10 |
Scores
FRGT has an Altman Z-Score of -4.39 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | -4.39 |
Piotroski F-Score | 2 |