Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Stock Price Up 0.4% – Should You Buy?

Shares of Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) rose 0.4% on Monday . The company traded as high as $0.49 and last traded at $0.49. Approximately 143,319 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 376,128 shares. The stock had previously closed at $0.49.

Foresight Autonomous Holdings Ltd. American Depositary Shares Price Performance

The firm has a market capitalization of $5.32 million, a P/E ratio of -0.50 and a beta of 1.09. The stock has a fifty day simple moving average of $0.54 and a two-hundred day simple moving average of $0.78.

Institutional Investors Weigh In On Foresight Autonomous Holdings Ltd. American Depositary Shares

Several institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC boosted its position in Foresight Autonomous Holdings Ltd. American Depositary Shares by 29.3% in the fourth quarter. Renaissance Technologies LLC now owns 52,954 shares of the company’s stock worth $78,000 after purchasing an additional 12,000 shares during the last quarter. Wolverine Trading LLC purchased a new position in shares of Foresight Autonomous Holdings Ltd. American Depositary Shares during the 4th quarter valued at about $26,000. Finally, Altshuler Shaham Ltd grew its position in Foresight Autonomous Holdings Ltd. American Depositary Shares by 98,273,000.0% during the 4th quarter. Altshuler Shaham Ltd now owns 982,731 shares of the company’s stock worth $1,454,000 after acquiring an additional 982,730 shares during the last quarter. Institutional investors own 23.45% of the company’s stock.

About Foresight Autonomous Holdings Ltd. American Depositary Shares

Foresight Autonomous Holdings Ltd., a technology company, engages in the development of smart multi-spectral 3D vision software solutions and cellular-based applications for the automotive industry in Israel, Japan, the United States, and internationally. It develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions.