Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX – Get Free Report) was the recipient of a large 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. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 362,634 shares, the days-to-cover ratio is presently 0.1 days.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a research report on Thursday, October 15th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on FRSX
Foresight Autonomous Holdings Ltd. American Depositary Shares Price Performance
Shares of NASDAQ FRSX traded down $0.02 during mid-day trading on Friday, hitting $0.68. The company had a trading volume of 7,419 shares, compared to its average volume of 233,773. The company has a market capitalization of $1.10 million, a PE ratio of -0.04 and a beta of 0.70. The business’s 50-day simple moving average is $1.01 and its 200 day simple moving average is $1.86. Foresight Autonomous Holdings Ltd. American Depositary Shares has a 1-year low of $0.68 and a 1-year high of $7.00.
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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