Freight Technologies’ (FRGT) Sell (E+) Rating Reiterated at Weiss Ratings

Freight Technologies (NASDAQ:FRGT)‘s stock had its “sell (e+)” rating reaffirmed by Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded shares of Freight Technologies from a “sell” rating to a “hold” rating in a research note on Friday, August 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Freight Technologies Price Performance

Freight Technologies stock opened at $1.38 on Wednesday. Freight Technologies has a twelve month low of $1.15 and a twelve month high of $13.96. The firm has a 50 day moving average price of $1.35 and a 200-day moving average price of $2.50.

Freight Technologies (NASDAQ:FRGT) last announced its quarterly earnings results on Monday, August 18th. The company reported $0.02 EPS for the quarter. The business had revenue of $2.99 million for the quarter.

Freight Technologies Company Profile

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.