Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Stock Price Down 0.7% – Should You Sell?

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) traded down 0.7% during mid-day trading on Friday . The company traded as low as $1.36 and last traded at $1.40. 21,754 shares changed hands during trading, a decline of 76% from the average session volume of 89,673 shares. The stock had previously closed at $1.41.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Foresight Autonomous Holdings Ltd. American Depositary Shares Trading Down 0.7%

The company has a market capitalization of $6.59 million, a P/E ratio of -0.19 and a beta of 0.49. The firm’s 50 day moving average price is $1.77 and its two-hundred day moving average price is $2.29.

Foresight Autonomous Holdings Ltd. American Depositary Shares Company Profile

Foresight Autonomous Holdings Ltd. is an Israel‐based technology company specializing in advanced vision and sensing systems for driver assistance and autonomous vehicles. Incorporated in Israel, the company was established to address the growing demand for vision‐first safety solutions within the automotive industry.

Foresight markets two core product lines: a stereo‐camera platform that uses depth perception and image segmentation to detect pedestrians, vehicles and obstacles in real time, and iDAR, an “intelligent detection and ranging” system that blends LiDAR‐style distance measurement with software-driven image analysis.