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

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

Freight Technologies Price Performance

NASDAQ FRGT opened at $1.1950 on Friday. Freight Technologies has a twelve month low of $1.15 and a twelve month high of $23.31. The company’s 50-day simple moving average is $1.73 and its 200 day simple moving average is $3.41.

Freight Technologies (NASDAQ:FRGTGet Free Report) last posted its quarterly earnings data on Monday, August 18th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $2.99 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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