Freight Technologies, Inc. (NASDAQ:FRGT – Get Rating)’s stock is going to reverse split on the morning of Friday, March 24th. The 1-10 reverse split was announced on Friday, March 24th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, March 24th.
Freight Technologies Trading Up 6.2 %
NASDAQ FRGT opened at $0.23 on Friday. Freight Technologies has a one year low of $0.18 and a one year high of $3.60. The stock has a 50-day moving average of $0.31 and a 200 day moving average of $0.49.
Wall Street Analysts Forecast Growth
Separately, Chardan Capital reiterated a “buy” rating and issued a $2.00 price objective on shares of Freight Technologies in a report on Wednesday.
Institutional Investors Weigh In On Freight Technologies
Freight Technologies Company Profile
Freight Technologies, Inc develops and operates a cloud-based logistics management platform. Its products include a computerized platform that holds an online portal and a mobile App solution to provide third-party logistics services to companies actively involved in the freight transportation market, a Transport Management Solution for customers to manage their own fleet, and freight brokerage support and customer service.
- Get a free copy of the StockNews.com research report on Freight Technologies (FRGT)
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