The Benchmark Company rated the Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) stock “a Speculative buy” and gave the company’s common stock a price target of $16. The Benchmark Company’s estimates were contained in a research note released on Friday, March 02, 2018. Several other experts on Wall Street have posted such reports regarding the FRSX shares.
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Wall Street analysts tracking the Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) stock on daily basis. Out of 2 analysts, 2 deeming the stock a Buy and 0 gave it a rating of OVERWEIGHT. Another 0 recommended that FRSX is a HOLD, while 0 rated it UNDERWEIGHT and the same number recommended SELL. If we look at the broader picture, the above ratings give the stock an average analyst rating of 2.00.
Foresight Autonomous Holdings Ltd. has a market valuation of $489.16 million and last released its earnings reports on 03/30/2021, for the quarterly period ended on 6/29/2020. FRSX Company also reported its earnings per share (EPS) as -$0.08 for the quarter, which beat consensus estimates by analysts of -$0.11 by $0.03, surprisingly 27.30% higher.
The stock market has more often than not ended up being extremely baffling, catching even some of the more experienced traders by surprise. It happens that even when results are as projected, the market sometimes just takes a sudden turn towards the opposite direction. Often such events lead to doubt and much speculation. At such time, it may pay to keep tabs on a stock’s historical price performance. Useful also would be knowledge of the stock’s trends, both the short term and long-term. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) share prices have increased by 77.73% over the past week, but are up 585.96% over prices posted in the last quarter. Going further back, the stock’s price has tanked 384.21% over the last 6 months but is up 91.67% in year-to-date trading.
A recent spot check on the stock’s support and resistance revealed that the publicly-traded Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) shares are trading at a price close to -14.35% lower than its 90-day high. On the other hand, the stock is +841.71% away from its low in the 90-day period. More broadly, FRSX’s current price is -1.01% away from 52-week high. The price is 1596.31% above from its 52-week low.
Focusing on the company’s market volatility shows that it has a 1-Week Volatility index of 33.74%, and 24.04% for the month. This stock’s Average True Range (ATR) currently stands at 1.03. The indicator of Volatility helps exhibit the extent to which a stock is likely to plummet or climb when the rest of the market also dips or surges. If a stock has a beta score above 1, then its rate of volatility is high. Figures lower than 1, therefore, means that the stock’s volatility at that particular moment is low.
Shares of the Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) gained by $1.24 during Friday’s regular trading session to climb to $7.82. The company had a daily trading volume of 52.1 million shares, higher than its average intra-day trading volumes of about 10.94M shares.