Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX – Get Free Report) was the target of a significant growth in short interest in 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 daily trading volume, of 362,634 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.7% of the company’s stock are sold short.
Foresight Autonomous Holdings Ltd. American Depositary Shares Stock Performance
NASDAQ:FRSX opened at $0.65 on Tuesday. The company has a market capitalization of $1.05 million, a price-to-earnings ratio of -0.04 and a beta of 0.70. Foresight Autonomous Holdings Ltd. American Depositary Shares has a one year low of $0.64 and a one year high of $7.00. The stock has a 50-day simple moving average of $1.00 and a 200 day simple moving average of $1.84.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a report on Thursday, October 15th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.
Check Out Our Latest Stock Analysis on Foresight Autonomous Holdings Ltd. American Depositary Shares
Foresight Autonomous Holdings Ltd. American Depositary Shares Company Profile
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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