Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 25,337 shares, a growth of 78.5% from the September 30th total of 14,197 shares. Based on an average trading volume of 362,634 shares, the short-interest ratio is currently 0.1 days. Approximately 1.7% of the company’s shares are sold short.
Foresight Autonomous Holdings Ltd. American Depositary Shares Stock Performance
Shares of FRSX traded down $0.00 during trading hours on Monday, hitting $0.68. The stock had a trading volume of 16,503 shares, compared to its average volume of 427,231. The firm has a market cap of $1.10 million, a P/E ratio of -0.04 and a beta of 0.70. The company’s fifty day simple moving average is $1.00 and its 200 day simple moving average is $1.84. Foresight Autonomous Holdings Ltd. American Depositary Shares has a 12-month low of $0.67 and a 12-month high of $7.00.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the company has an average rating of “Sell”.
Get Our Latest Analysis on FRSX
About Foresight Autonomous Holdings Ltd. American Depositary Shares
Foresight Autonomous Holdings Ltd. is an Israel-based technology company developing computer-vision solutions for the automotive and transportation industries. Its systems are designed to support advanced driver-assistance systems and autonomous vehicles by detecting and classifying obstacles, vehicles, pedestrians and other objects in a vehicle’s surroundings.
The company’s principal product, QuadSight, uses a combination of visible-light and infrared cameras with proprietary image-processing algorithms to provide three-dimensional perception in challenging conditions, including darkness, glare, fog and limited visibility.
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