Find Out How Foresight Autonomous Holdings Ltd. (FRSX) Insiders Are Trading Their Stock?

As of Friday close, Foresight Autonomous Holdings Ltd.’s (NASDAQ:FRSX) stock was up $0.01, moving up 2.54 percent to $0.55. The average number of shares traded per day over the past five days has been 1,102,700 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.2360 fall in that time frame. In the last twenty days, the average volume was 473,315, while in the previous 50 days, it was 495,154.

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Since last month, FRSX stock retreated -43.60%. Shares of the company fell to $0.5000 on 05/13/22, the lowest level in the past month. A 52-week high of $5.69 was reached on 01/04/22 after having rallying from a 52-week low of $0.52. Since the beginning of this year, FRSX’s stock price has dropped by -67.43% or -$1.1463, and marked a new high 2 times. However, the stock has declined by -90.27% since its 52-week high.

Financial Health

Based on annual data, FRSX earned $53000.0 in gross profit and brought in $0.12 million in revenue.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. FRSX’s revenue rose 100.0% during the quarter, while net income inched up to $0.12 million. While analysts expected Foresight Autonomous Holdings Ltd. to report -$0.08 quarterly earnings, the actual figure was -$0.06 per share, beating the consensus estimate by 25.00%. During the quarter, the company generated -$4.08 million in EBITDA. The liabilities of Foresight Autonomous Holdings Ltd. were 4.85 million at the end of its most recent quarter ended September 29, and its total debt was $1.93 million.

Technical Picture

This quick technical analysis looks at Foresight Autonomous Holdings Ltd.’s (FRSX) price momentum. With a historical volatility rate of 96.20%, the RSI 9-day stood at 17.94% on 13 May.

With respect to its five-day moving average, the current Foresight Autonomous Holdings Ltd. price is down by -29.88% percent or -$0.2360. At present, FRSX shares trade -42.11% below its 20-day simple moving average and -69.41% percent below its 100-day simple moving average. However, the stock is currently trading approximately -50.12% below its SMA50 and -84.18% below its SMA200.

Stochastic coefficient K was 9.77% and Stochastic coefficient D was 8.25%, while ATR was 0.0705. Given the Stochastic reading of 14.30% for the 14-day period, the RSI (14) reading has been calculated as 21.79%. As of today, the MACD Oscillator reading stands at -0.1352, while the 14-day reading stands at -0.1690.

Analyst Ratings

The Benchmark Company launched its rating on Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) to a Speculative buy in a note to investors on March 02, 2018. Foresight Autonomous Holdings Ltd. (FRSX) has been rated Buy by analysts. According to 0 brokerage firms , FRSX is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Foresight Autonomous Holdings Ltd. stock as buy, with 1 recommending it as overweight.

With a median target price of $4.00, the current consensus forecast for the stock is $4.00 – $4.00. Based on these forecasts, analysts predict Foresight Autonomous Holdings Ltd. (FRSX) will achieve an average price target of $4.00.


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