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Freight Technologies Inc

Freight Technologies Inc (FRGT)

0.9951
0.0814
(8.91%)
Closed April 28 4:00PM
0.9615
-0.0336
(-3.38%)
After Hours: 7:59PM

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Key stats and details

Current Price
0.9615
Bid
0.95
Ask
1.15
Volume
29,022,973
0.95 Day's Range 1.34
0.842 52 Week Range 20.85
Market Cap
Previous Close
0.9137
Open
1.12
Last Trade
75
@
0.99
Last Trade Time
Financial Volume
$ 30,149,967
VWAP
1.0388
Average Volume (3m)
609,319
Shares Outstanding
2,442,916
Dividend Yield
-
PE Ratio
-0.30
Earnings Per Share (EPS)
-3.35
Revenue
25.89M
Net Profit
-8.19M

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 $0.91. Over the last year, Freight Technologies shares have traded in a share price range of $ 0.842 to $ 20.85.

Freight Technologies currently has 2,442,916 shares outstanding. The market capitalization of Freight Technologies is $2.44 million. Freight Technologies has a price to earnings ratio (PE ratio) of -0.30.

FRGT Latest News

Freight Technologies, Inc. Reports 30% Year-over-Year Revenue Growth and Strong Fr8Fleet Volumes for Q1 2024

HOUSTON, April 22, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology company offering its custom-developed Fr8App, an industry-leading...

Fr8App Selected by Grupo Solave for Cross-Border Logistics Services

HOUSTON, April 17, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech''), a technology company whose custom-developed, industry-leading Fr8App freight-matching platform...

Freight Technologies, Inc. Preliminary Results for Q4 2023 Show Strong Revenue Growth

HOUSTON, March 25, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT or “Fr8Tech”), a technology company offering its custom-developed Fr8App, an industry-leading...

Fr8App’s Innovative Platform Transforms Cross-Border Shipping for Riisa

HOUSTON, March 20, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech''), a technology company whose custom-developed, industry-leading Fr8App freight-matching platform...

Fr8App Awarded Key Routes with Envases Universales

HOUSTON, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed, industry-leading Fr8App freight-matching platform...

Fr8Tech Regains Compliance with Nasdaq’s Minimum Bid Price Listing Rule

HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech’’), a technology company whose custom-developed, industry-leading Fr8App freight-matching platform...

Fr8App Showcased at Geotab Connect 2024

HOUSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech''), a technology company whose custom-developed Fr8App, an industry-leading freight-matching...

Freight Technologies, Inc. Announces Key Leadership Changes

HOUSTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech'' and/or “Company”), a technology company whose custom developed Fr8App, an industry-leading...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.04845.300624247070.91311.340.854771570.91049365CS
4-0.3985-29.30147058821.361.360.8422601550.98422266CS
12-1.4385-59.93752.42.690.8426093191.82388168CS
26-1.9385-66.84482758622.9140.84225469144.81321652CS
52-16.2385-94.409883720917.220.850.84215843875.2868875CS
156-177.0385-99.4598314607178315.120.842183684134.83503076CS
260-177.0385-99.4598314607178315.120.842183684134.83503076CS

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FRGT Discussion

View Posts
Monksdream Monksdream 2 weeks ago
FRGT new 52 lo
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Monksdream Monksdream 2 weeks ago
FRGT new 52 lo
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Monksdream Monksdream 2 weeks ago
FRGT new 52 lo
👍️0
Monksdream Monksdream 1 month ago
FRGT new 52 lo
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Monksdream Monksdream 1 month ago
FRGT new 52 lo
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Monksdream Monksdream 2 months ago
FRGT new 52 week low
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Bud-Wiser Bud-Wiser 2 months ago
She’s about to POP - I gots mines
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Mr Fox Mr Fox 2 months ago
Float 545.360
Stocks outstanding 2.44 mln.
Yahoo finance.
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Muhbruh Muhbruh 2 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 2 months ago
Fr8App Awarded Key Routes with Envases Universales
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TheFinalCD TheFinalCD 2 months ago
ITS ON
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TheFinalCD TheFinalCD 2 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 2 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 2 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 3 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 3 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 3 months ago
FRGT new 52 week low
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TheFinalCD TheFinalCD 3 months ago
10-1 SPLIT ON FEB 5TH
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Mr Fox Mr Fox 3 months ago
New CFO
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madras50 madras50 4 months ago
Grabbed some at .44. Good or not?
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TheFinalCD TheFinalCD 4 months ago
.55 AH
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subslover subslover 4 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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TheFinalCD TheFinalCD 4 months ago
nice trade just hit .81

shouldnt even be .81
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subslover subslover 4 months ago
Exactly bro. They can fool people some of the time but that's enough to make a decent living.
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cityimport cityimport 4 months ago
Indeed BRO! The easiest and fastest 100% without the usual struggle ... :))))))))))))))
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subslover subslover 4 months ago
LMAO. So glad I sold at $1.20 for a quickie 100%
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TheFinalCD TheFinalCD 4 months ago
.911 CALL THE COPS

LOL
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subslover subslover 4 months ago
i'm so glad = i'm so glad
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TheFinalCD TheFinalCD 4 months ago
WILL SEE UNDER A BUCK SOON

.29 THIS MORN

EXPECTING MORE HALTS
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subslover subslover 4 months ago
Should reopen in the $1.50 area
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TheFinalCD TheFinalCD 4 months ago
$FRGT HALTED
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TheFinalCD TheFinalCD 4 months ago
LOL NO
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Jess070283 Jess070283 4 months ago
Huge News!
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TheFinalCD TheFinalCD 4 months ago
#NUT$
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TheFinalCD TheFinalCD 4 months ago
+360%
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IVANj IVANj 4 months ago
Dayum
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subslover subslover 4 months ago
"powered by its proprietary AI and machine learning".
Also, look how short and to the point the PR is. Its very smart because investors in this day and age don't read long PR's anymore
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TheFinalCD TheFinalCD 4 months ago
Amazon
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TheFinalCD TheFinalCD 4 months ago
i JUST LITERALLY SOLD @ .90 LESS THAN ONE SECOND LATER .99

WTFFFFF
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subslover subslover 4 months ago
And just on a few keywords LMAO ====== INSANE!
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TheFinalCD TheFinalCD 4 months ago
$FRGT +222%
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subslover subslover 4 months ago
NEWS
Freight Technologies, Inc. Selected for Amazon Mexico Business
Amazon Selects Fr8App Technology for Logistics Solutions in High-Demand Season
HOUSTON, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT), (“Fr8Tech”), a technology driven logistics company powered by its proprietary AI and machine learning Fr8App platform that uniquely provides a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, today announces Amazon Mexico’s renewed selection of Fr8App for its logistical solutions.

Amazon Mexico has once again chosen Fr8App to navigate the logistic complexities of the high-demand season for the second consecutive year. To date, Fr8App has successfully moved a substantial quantity of more than 670 cargo loads between Amazon’s distribution centers, demonstrating its pivotal role in maintaining a seamless flow of goods across the country for Amazon.

Fr8Tech’s CEO Javier Selgas stated, “Our commitment to meeting customer’s needs and our continuous platform improvements have led to this exciting opportunity. Amazon's decision to choose Fr8App during their high-demand season validates our capabilities and positions us as the go-to logistics solution for B2B cross-border and domestic shipping within the USMCA region. We're excited to work for a prominent market leader like Amazon, and we're confident in our ability to meet their stringent standards throughout the year as they continue to expand.”

About Freight Technologies Inc.

Freight Technologies (Fr8Tech, Nasdaq: FRGT) is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary, Freight App, Inc. (Fr8App), is a B2B cross-border shipping marketplace in the USMC 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 over-the-road (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 and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions. The company is headquartered in Houston, Texas. For more information, please visit fr8technologies.com

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Freight Technologies' and Fr8App’s actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Freight Technologies’ and Fr8App’s expectations with respect to future performance and anticipated financial impacts of its acquisition of Fr8App.

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Freight Technologies’ and Fr8App’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the impact of the COVID-19 pandemic on Fr8App’s business; (2) the inability to obtain or maintain the listing of Freight Technologies’ ordinary shares on Nasdaq; (3) the ability to recognize the anticipated benefits of the merger, which may be affected by, among other things, competition, the ability of Fr8App to grow and manage growth profitably, and retain its key employees; (4) costs related to the merger; (5) changes in applicable laws or regulations; (6) the possibility that Freight Technologies or Fr8App may be adversely affected by other economic, business, and/or competitive factors; (7) risks relating to the uncertainty of the projected financial information with respect to Fr8App; (8) risks related to the organic and inorganic growth of Fr8App’s business and the timing of expected business milestones; and (9) other risks and uncertainties identified, including those under “Risk Factors”, to be filed by in Freight Technologies' other filings with the SEC. Freight Technologies cautions that the foregoing list of factors is not exclusive. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Freight Technologies and Fr8App caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Freight Technologies and Fr8App do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions, or circumstances on which any such statement is based.

https://www.globenewswire.com/newsroom/ti?nf=ODk5NDY3NyM1OTcxNDgwIzIxODQ1MTc=
https://ml.globenewswire.com/media/OTQxN2NlOGEtODY0Zi00OTA3LWFjY2EtNTM5ZTM3ZWQ2MDRhLTExOTYwNzE=/tiny/Freight-App-Inc-.png
Fr8Tech Contact:

investors@fr8technologies.com

Corporate Communications
IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com

Source: Freight App, Inc.
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hypernova hypernova 6 months ago
Expecting a decent ER any day now. Match that with good volume and it could send this to a dollar or more.
Eyes are watching.
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PennyPusher786 PennyPusher786 6 months ago
About due for the next run when you zoom out
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Awl416 Awl416 6 months ago
Freight Technologies Inc. Secures Major Win with Leading Global Pharmaceutical Giant
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glenn1919 glenn1919 7 months ago
FRGT....................https://stockcharts.com/h-sc/ui?s=FRGT&p=W&b=5&g=0&id=p86431144783
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Backstabbed Backstabbed 7 months ago
Very thin stock!
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Backstabbed Backstabbed 7 months ago
$FRGT News out!!!
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Monksdream Monksdream 7 months ago
FRGT new 52 week low
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Monksdream Monksdream 7 months ago
If the company puts out a fluff PR to goose the price
Professional money managers are withdrawing bid support on hundreds of third tier NASDAQ stocks
The noncompliant list is over 300 stocks
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