Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Stock Price Down 2.1% – Here’s What Happened

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX)’s share price fell 2.1% during mid-day trading on Thursday . The stock traded as low as $1.36 and last traded at $1.40. 17,584 shares traded hands during trading, a decline of 80% from the average daily volume of 88,698 shares. The stock had previously closed at $1.43.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Foresight Autonomous Holdings Ltd. American Depositary Shares Stock Performance

The firm has a fifty day simple moving average of $1.74 and a 200-day simple moving average of $2.37. The company has a market capitalization of $2.27 million, a PE ratio of -0.06 and a beta of 0.65.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Foresight Autonomous Holdings Ltd. American Depositary Shares stock. Yorkville Advisors Global LP bought a new position in Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 85,000 shares of the company’s stock, valued at approximately $110,000. Foresight Autonomous Holdings Ltd. American Depositary Shares comprises about 0.1% of Yorkville Advisors Global LP’s investment portfolio, making the stock its 22nd largest position. Yorkville Advisors Global LP owned 1.75% of Foresight Autonomous Holdings Ltd. American Depositary Shares as of its most recent SEC filing. 23.45% of the stock is owned by institutional investors.

Foresight Autonomous Holdings Ltd. American Depositary Shares Company Profile

Foresight Autonomous Holdings Ltd. is an Israel‐based technology company specializing in advanced vision and sensing systems for driver assistance and autonomous vehicles. Incorporated in Israel, the company was established to address the growing demand for vision‐first safety solutions within the automotive industry.

Foresight markets two core product lines: a stereo‐camera platform that uses depth perception and image segmentation to detect pedestrians, vehicles and obstacles in real time, and iDAR, an “intelligent detection and ranging” system that blends LiDAR‐style distance measurement with software-driven image analysis.