Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Trading Down 3.7% – Should You Sell?

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX)’s share price traded down 3.7% on Monday . The company traded as low as $1.77 and last traded at $1.80. 45,539 shares traded hands during trading, a decline of 92% from the average session volume of 562,048 shares. The stock had previously closed at $1.87.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Foresight Autonomous Holdings Ltd. American Depositary Shares currently has an average rating of “Sell”.

Foresight Autonomous Holdings Ltd. American Depositary Shares Trading Down 3.7%

The firm has a market capitalization of $4.36 million, a price-to-earnings ratio of -0.24 and a beta of 1.00. The stock’s 50-day moving average is $2.17 and its 200-day moving average is $2.63.

Foresight Autonomous Holdings Ltd. American Depositary Shares Company Profile

Foresight Autonomous Holdings Ltd., a technology company, engages in the development of smart multi-spectral 3D vision software solutions and cellular-based applications for the automotive industry in Israel, Japan, the United States, and internationally. It develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions.