Wall Street Zen Upgrades Freight Technologies (NASDAQ:FRGT) to Sell

Freight Technologies (NASDAQ:FRGTGet Free Report) was upgraded by equities research analysts at Wall Street Zen to a “sell” rating in a research report issued on Friday.

Freight Technologies Stock Performance

Shares of NASDAQ FRGT opened at $2.16 on Friday. The business has a fifty day simple moving average of $3.98 and a 200 day simple moving average of $5.27. Freight Technologies has a one year low of $2.05 and a one year high of $170.00.

Freight Technologies (NASDAQ:FRGTGet Free Report) last released its quarterly earnings data on Friday, May 16th. The company reported ($2.92) earnings per share (EPS) for the quarter. The business had revenue of $4.10 million during the quarter.

About Freight Technologies

(Get Free Report)

Freight Technologies, Inc, through its subsidiary, operates a transportation logistics technology platform for cross-border shipping in the United States and Mexico. Its Fr8App technology platform offers an online portal and a mobile application that provide third-party logistics services to companies in the freight transportation market; a transport management solution for customers to manage their own fleet; and freight brokerage support and customer services based on the platform.

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