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Freight Technologies Inc

Freight Technologies Inc (FRGT)

0.266
-0.0223
(-7.73%)
Closed July 22 4:00PM
0.2699
0.0039
(1.47%)
After Hours: 7:55PM

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Key stats and details

Current Price
0.2699
Bid
0.2601
Ask
0.272
Volume
925,388
0.2585 Day's Range 0.294799
0.2585 52 Week Range 14.00
Market Cap
Previous Close
0.2883
Open
0.285
Last Trade Time
Financial Volume
$ 248,124
VWAP
0.268129
Average Volume (3m)
5,614,707
Shares Outstanding
14,369,813
Dividend Yield
-
PE Ratio
-0.42
Earnings Per Share (EPS)
-0.65
Revenue
17.06M
Net Profit
-9.33M

About Freight Technologies Inc

Freight Technologies, Inc. is a transportation logistics technology company with a specialty in United States-Mexico-Canada cross-border shipping. It operates under three brands, Fr8App, Fr8Fleet and Fr8NOW. Fr8App is a cross-border platform and mobile application to match the perfect load with the ... Freight Technologies, Inc. is a transportation logistics technology company with a specialty in United States-Mexico-Canada cross-border shipping. It operates under three brands, Fr8App, Fr8Fleet and Fr8NOW. Fr8App is a cross-border platform and mobile application to match the perfect load with the ideal driver. Fr8App¿s technology product offerings include a computerized platform that holds an online portal and a mobile application solution to provide third party logistics services to companies actively involved in the freight transportation market; a transport management solution (TMS) for customers to manage their own fleet; and freight brokerage support and customer service based on the Platform. Fr8fleet is a digital platform for enterprise customers to handle truck services and operations. Fr8fleet is its technology-driven solution for corporate enterprise customers with a demand for regular and ongoing shipping and logistics. Fr8NOW is its less-than-truckload (LTL) product. Show more

Sector
Management Consulting Svcs
Industry
Management Consulting Svcs
Headquarters
Road Town, Tortola, Vgb
Founded
1970
Freight Technologies Inc is listed in the Management Consulting Svcs sector of the NASDAQ with ticker FRGT. The last closing price for Freight Technologies was $0.29. Over the last year, Freight Technologies shares have traded in a share price range of $ 0.2585 to $ 14.00.

Freight Technologies currently has 14,369,813 shares outstanding. The market capitalization of Freight Technologies is $4.14 million. Freight Technologies has a price to earnings ratio (PE ratio) of -0.42.

FRGT Latest News

Freight Technologies Launches Waavely, a Revolutionary Digital Ocean Freight Platform

HOUSTON, July 08, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (โ€œFr8Techโ€ย or โ€œFreight Technologiesโ€),a technology-driven logistics company offering Fr8App, its proprietary...

Freight Technologies, Inc. Expands Business Relationship with Amazon Mexico

HOUSTON, June 20, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT), (โ€œFr8Techโ€), a technology driven logistics company powered by its proprietary AI and machine learning Fr8App...

Freight Technologies Inc. Participates in Chardan's Transport Platform Tech Series

HOUSTON, June 14, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (โ€œFr8Tech'' or โ€œFreight Technologiesโ€), a technology company whose custom-developed Fr8App, an...

Freight Technologies Adds 26 New Customers and 149 New Carriers in 2024

HOUSTON, June 06, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (โ€œFreight Technologiesโ€, โ€œFr8Techโ€ or the โ€œCompanyโ€) (NASDAQ: FRGT), an innovative logistics technology solutions company...

Freight Technologies Announces Major Expansion of Fr8Radar Module in Fr8App Platform

HOUSTON, June 04, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (โ€œFreight Technologiesโ€, โ€œFr8Techโ€ or the โ€œCompanyโ€) (NASDAQ: FRGT), an innovative logistics technology solutions company...

Freight Technologies, Inc., receives notification from NASDAQ

HOUSTON, May 24, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, Fr8Tech or Company), a technology company developing solutions to optimize and automate the supply chain...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0211-7.250859106530.2910.3090.258511309480.29570355CS
4-0.0747-21.67730702260.34460.3950.258513162920.32089309CS
12-0.8501-75.90178571431.121.70.258556147070.67060504CS
26-2.7001-90.91245791252.973.2290.258529120510.84725891CS
52-8.1301-96.78690476198.4140.258527129732.90428868CS
156-177.7301-99.8483707865178315.120.2585225774725.79804145CS
260-177.7301-99.8483707865178315.120.2585225774725.79804145CS

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FRGT Discussion

View Posts
Imokhopeur Imokhopeur 3 weeks ago
IMO buy for a huge gain.
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Monksdream Monksdream 4 weeks ago
FRGT new 52 week low
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peterus peterus 1 month ago
why would you buy this dilution pos ?
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Monksdream Monksdream 1 month ago
FRGT new 52 week low
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TGOO TGOO 1 month ago
Just started a position here
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Imokhopeur Imokhopeur 1 month ago
I agree
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ZipCash ZipCash 1 month ago
$FGRT short squeeze in place . Shorts must cover ! Oversold $dollar land insight #new contracts $revenues shall go bananas
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ZipCash ZipCash 1 month ago
$FRGT Super undervalued here folks !!

Set gtc at higher $5.00 plus , letโ€™s make it happen , dollar land insight
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Monksdream Monksdream 1 month ago
FRGT new 52 week low
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Monksdream Monksdream 1 month ago
FRGT new 52 week low
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PirateLeviathan8 PirateLeviathan8 1 month ago
take a look to the aftermarket...a lot of peaks up to 0,90 very quick ....that will be an massive rebound tomorrow[/img]
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PirateLeviathan8 PirateLeviathan8 1 month ago
what a unbelievable number of shares going short today .... wooow
this will bring us a second race up to 2 $ and more
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Pt3 Pt3 1 month ago
Lol yes game lol now huge bag
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PirateLeviathan8 PirateLeviathan8 1 month ago
back to 1,60 $
the game has just begun
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powerbattles powerbattles 1 month ago
.78 come to papa $$$
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powerbattles powerbattles 1 month ago
I am reloaded at .74 hopefully it pops near close
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powerbattles powerbattles 1 month ago
Crazy chit. Stock trade 70 times the amount of the o/s
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Invest-in-America Invest-in-America 2 months ago
FRGT: Heck, ZERO ANYTHING moves a stock these days!! (And remember when only BAD news would move them?? E.g., bankruptcies, lawsuits, closing-shop, investigations, failed Phase-1 drug studies, inter alia!!)

Hey, TFCD, look at what my own BROKER said to me early today (below), when I requested his OPINION as to a proverbial 'trip-to-the-Moon' behind FRGT's classic Wall Street fluff news!!!
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Invest-in-America Invest-in-America 2 months ago
FRGT: Halted??? (On way to Jupiter, hopefully???)
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Monksdream Monksdream 2 months ago
The fluffier the better
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TheFinalCD TheFinalCD 2 months ago
yup https://ih.advfn.com/stock-market/NASDAQ/freight-technologies-FRGT/stock-news/93997882/form-6-k-report-of-foreign-issuer-rules-13a-16

but fluff moves stock prices in this whacked market
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Monksdream Monksdream 2 months ago
Fluff press release no dollar amount mentioned anything to move the price above a buck to stay in compliance
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tw0122 tw0122 2 months ago
Freight Technologies Adds 26 New Customers and 149 New Carriers in 2024

Source: GlobeNewswire Inc.

Freight Technologies, Inc. (โ€œFreight Technologiesโ€, โ€œFr8Techโ€ or the โ€œCompanyโ€) (NASDAQ: FRGT), an innovative logistics technology solutions company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, is proud to announce it has on-boarded 26 new customers and 149 new carriers to its platform year-to-date.
Javier Selgas, Chief Executive Officer of Freight Technologies, commented, โ€œThe addition of new customers to our platform further demonstrates the need for greater efficiency and transparency in the freight, over-the-road (OTR) marketplace. More and more companies are coming to expect a certain level of automation, speed, and reliability when securing their freight and logistics needs. Fr8Tech is excited to be a provider of choice to address such demand across participants in the domestic and cross-border markets in North America.โ€

โ€œIn addition, reliable carriers are the backbone of any successful logistics operation. At Fr8Tech, we understand that dependable carriers ensure the timely and safe delivery of goods, which is critical for maintaining customer trust and satisfaction. By onboarding 149 new carriers, we are not only expanding our capacity to meet increasing demand but also enhancing our ability to provide consistent and reliable service,โ€ concluded Mr. Selgas.

The roster of new customers extends Fr8Techโ€™s footprint across its core markets and its service offerings, especially its US domestic and US-Mexico cross-border spot services and the Companyโ€™s Fr8Fleet dedicated capacity services, a highly valued offering for large enterprise customers primarily in the Mexican domestic market. A few such companies that Fr8Tech has added in 2024 thus far are Grupo Solave, Argos Electrica, Aqua-Aid Inc, and AR Brokers LLC.

โ€œBringing new customers to our platform not only diversifies our revenue base and broadens our market reach,โ€ noted Fr8Tech Chief Financial Officer Don Quinby, โ€œit also strengthens our significance in the US, Mexican, and cross-border OTR space and expands the interactive and networking power of our platform with valuable data points on which all market participants rely. I also want to note that the company has been able to raise additional outside capital on excellent terms through promissory notes this year, and it is exciting to see the team put those funds to good use by growing our customer roster and building out the capabilities and third-party integrations of the platform.โ€

Mr. Selgas further added, โ€œWe are pleased with the Companyโ€™s progress so far this year, which has been marked by strong year-over-year revenue growth, new customer wins, and enhanced functionality, capability, and integrations of the Fr8App platform. That said, the market we serve continues to grow and evolve, and we have much more to do to take full advantage of the opportunity ahead of us. We are still in early days of the technology-driven transition of the freight and logistics industry, and we are excited to be at the forefront of this advancement.โ€

About Freight Technologies Inc.

Freight Technologies is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary, Freight App, Inc. (โ€œFr8Appโ€), is a B2B cross-border shipping marketplace in the USMCA region powered by AI and machine learning. 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 OTR shipping. Fr8App uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing, real-time tracking, digital freight marketplace dashboards, brokerage matching, transportation management, fleet management, and committed capacity solutions. The company is headquartered in Houston, Texas. For more information, please visit fr8technologies.com.

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herbied47 herbied47 2 months ago
Loaded up the dip. Easy 15-20 bounce from here in a blink.
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BurgerKing82 BurgerKing82 2 months ago
2.44 mln as of when 20-30 million went thru.in open market less than a month ago....It's gotta be higher now....Not to say It won't fly...
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powerbattles powerbattles 2 months ago
Took starter .64 Super low o/s and float.
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Monksdream Monksdream 3 months ago
FRGT new 52 low
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Monksdream Monksdream 3 months ago
FRGT new 52 week low
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Monksdream Monksdream 3 months ago
FRGT new 52 lo
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Monksdream Monksdream 3 months ago
FRGT new 52 lo
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Monksdream Monksdream 3 months ago
FRGT new 52 lo
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Monksdream Monksdream 4 months ago
FRGT new 52 lo
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Monksdream Monksdream 4 months ago
FRGT new 52 lo
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Monksdream Monksdream 5 months ago
FRGT new 52 week low
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Bud-Wiser Bud-Wiser 5 months ago
Sheโ€™s about to POP - I gots mines
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Mr Fox Mr Fox 5 months ago
Float 545.360
Stocks outstanding 2.44 mln.
Yahoo finance.
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Muhbruh Muhbruh 5 months ago
$FRGT $2.12 --> $3.83

Nice 80% run on this swing from morning pr:
''Fr8App Secures Strategic Routes with Envases Universales for Logistics Services, Valued at More Than $5 Million Dollars'' https://t.co/LFDEmUVVcx— STOCKS Gambino (@StocksGambino) February 26, 2024
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Awl416 Awl416 5 months ago
Fr8App Awarded Key Routes with Envases Universales
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TheFinalCD TheFinalCD 5 months ago
ITS ON
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TheFinalCD TheFinalCD 5 months ago
FRGT $3 re break on NEWS

https://crweworld.com/article/news-provided-by-globenewswire/3318377/fr8app-awarded-key-routes-with-envases-universales
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glenn1919 glenn1919 5 months ago
FRGT........................https://stockcharts.com/h-sc/ui?s=FRGT&p=W&b=5&g=0&id=p86431144783
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Muhbruh Muhbruh 5 months ago
$FRGT bottom chart 2.4m float ai theme getting hot pic.twitter.com/JWrf6gDod3— STOCKS Gambino (@StocksGambino) February 16, 2024
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ncstrongman ncstrongman 5 months ago
after split you are down 50% but hopefully this is ready for reversal to get back to your buy price...gl
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Renee Renee 6 months ago
FRGT: effective Feb. 5,2024 a one for 10 reverse split:

https://hedgefollow.com/upcoming-stock-splits.php
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Monksdream Monksdream 6 months ago
FRGT new 52 week low
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TheFinalCD TheFinalCD 6 months ago
10-1 SPLIT ON FEB 5TH
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Mr Fox Mr Fox 6 months ago
New CFO
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madras50 madras50 7 months ago
Grabbed some at .44. Good or not?
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TheFinalCD TheFinalCD 7 months ago
.55 AH
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subslover subslover 7 months ago
After reading their Q's and K's I think fair value is around .50 but IMHO could go to .40 after all is said and done. Might be good for the longer haul.
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