FORESIGHT AUTON/S (NASDAQ:FRSX) has been given a $7.00 price objective by equities research analysts at Chardan Capital in a research report issued on Friday, TipRanks reports. The brokerage currently has a “buy” rating on the stock. Chardan Capital’s price target would suggest a potential upside of 244.83% from the company’s previous close.
Separately, ValuEngine downgraded shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd.
Shares of FRSX stock traded up $0.05 during mid-day trading on Friday, hitting $2.03. 346,501 shares of the stock were exchanged, compared to its average volume of 1,503,331. The stock’s fifty day moving average price is $1.26. FORESIGHT AUTON/S has a 52-week low of $0.70 and a 52-week high of $3.42.
FORESIGHT AUTON/S (NASDAQ:FRSX) last posted its earnings results on Wednesday, May 15th. The company reported ($0.13) earnings per share (EPS) for the quarter.
A hedge fund recently bought a new stake in FORESIGHT AUTON/S stock. Psagot Investment House Ltd. purchased a new position in shares of FORESIGHT AUTON/S (NASDAQ:FRSX) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 552,934 shares of the company’s stock, valued at approximately $746,000. Psagot Investment House Ltd. owned about 2.52% of FORESIGHT AUTON/S as of its most recent SEC filing. Hedge funds and other institutional investors own 2.10% of the company’s stock.
About FORESIGHT AUTON/S
Foresight Autonomous Holdings Ltd., a technology company, designs, develops, and commercializes stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry in Israel. It develops advanced driver assistance systems for accident prevention, which are designed to provide real-time information about a vehicle's surroundings while in motion.
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