Foresight Autonomous Holdings Ltd. (FRSX) saw downtrend of -2.89% in the recent, registering $0.92 being its most recent bid. The distance of current price level is -52.94% lower than the highest price of $1.95 marked by the stock while trading over the past 52-weeks, whereas it is 99.07% higher than the lowest price of $0.46 the company dropped to over past 52-weeks. The latest news story on FRSX appeared in Business Wire under the title “Foresight: Rail Vision Signs Commercial Agreement with Knorr-Bremse Affiliate to Supply Shunting Yard Systems to Leading European Train Operator” on Sep-04-20.
Squeezing the time span to 30 day period shows us the stock currently buoying -15.03% below one month high and is +13.30% above of the lowest during that time. Looking into the simple moving average, Foresight Autonomous Holdings Ltd. (FRSX)’s stock is currently standing at a SMA-50 of $1.1214 while that of 5-day is reading $0.8952.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and FRSX’s SMA-200 at this time is reading $1.0362.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Foresight Autonomous Holdings Ltd. (FRSX) releasing its most recent results for the quarter ended 12/30/2019 posted a surprise factor of -16.70% for net revenue.
Looking into the perspective of Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.12 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -0.14.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). Institutions currently hold 51.78 million of FRSX’s outstanding shares. That indicates a holding of about 1.84% or $7.36 of worth by institutional holders in the company.
As on Jun 29, 2020, Psagot Investment House Ltd. was the top most holder in Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) with an ownership of 0.45 million shares of the company or 0.87% of the stake worth $0.72 million. The filing also reveals CIBC World Markets, Inc. as the second largest holder in the company with a control over 0.86% of the stake or worth of $0.71 million for having 0.45 million shares in hand.
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD also came increasing its position in the company during the recent quarter and it now holds 0.63% of the outstanding shares. With this there are now 8 institutions which have been in possession of FRSX’s shares.
Investors are for sure keenly observing the recommendations of analysts at Wall Street about the Foresight Autonomous Holdings Ltd. And review of current evaluations agreed by the analysts discloses a Buy rating for FRSX. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock. Lower value of between 1 and 2 implies a Buy recommendation whereas the value in the range of above 4 suggests Hold while below 1 recommends the investors to Sell the stock. Currently, the stock has been recommended as Moderate Buy by 1 of the Wall Street analysts.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. The count was 6.18 for long-term debt to equity ratio.
The rising figure indicates that FRSX came strengthening itself from within over the past one year. A comparison of company’s ROE with that of the Auto Parts industry and with the broader scale at the Consumer Cyclical sector level shows that industry’s average ROE is 2.38.
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term average volume of a stock is an effective way to make use of. When looking into those indicators for Foresight Autonomous Holdings Ltd. (FRSX), we notice that the stock’s 20-day average volume is at 1,032,505 shares and 50% of that short term indicators are suggesting the stock as Sell. Its 50-day average volume of 1,783,210 shares. And to end with, FRSX’s 100-day average volume are 3,960,919 shares with 50% of the long-term indicators pointing towards Sell for the stock.