Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Shares Down 3.7% – Here’s What Happened

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) fell 3.7% during mid-day trading on Monday . The company traded as low as $1.77 and last traded at $1.80. 45,539 shares changed hands during mid-day 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 reiterated a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

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

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

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.