Freight Technologies Inc FRGT

Morningstar Rating
$3.37 +0.19 (5.97%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

FRGT is trading at a 654% premium.
Price
$3.17
Fair Value
$1.28
Uncertainty
Sbq
1-Star Price
$54.12
5-Star Price
$2.39
Economic Moat
Yylp
Capital Allocation

Trading Information

Previous Close Price
$3.18
Day Range
$3.193.44
52-Week Range
$2.5160.25
Bid/Ask
$3.28 / $3.36
Shares Outstanding
572,125.00
Market Cap
$1.93M
Volume/Avg
82,907 / 168,819

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.03
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Freight Technologies Inc is a technology company developing solutions to optimize and automate the supply chain process. Along with its subsidiary, Freight App, Inc, the group is focused on making shipping transparent and efficient. Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility, and simplicity for the once-complex process of international over-the-road (OTR) shipping. The company uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions.
Sector
Technology
Industry
Software - Application
Stock Style Box
Small Value
Total Number of Employees
66

Valuation

Metric
FRGT
Price/Earnings (Normalized)
Price/Book Value
0.20
Price/Sales
0.03
Price/Cash Flow
Price/Earnings
FRGT

Financial Strength

Metric
FRGT
Quick Ratio
0.79
Current Ratio
1.00
Interest Coverage
−9.30
Quick Ratio
FRGT

Profitability

Metric
FRGT
Return on Assets (Normalized)
−54.78%
Return on Equity (Normalized)
−128.97%
Return on Invested Capital (Normalized)
−68.97%
Return on Assets
FRGT

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