How to Buy Freight Technologies Stock
Freight Technologies Inc
Freight Technologies, Inc. operates as a transportation logistics technology platform company. The company through its subsidiary, Freight App, Inc.
Freight Technologies stock last closed at $0.83, down 16.58% from the previous day, and has decreased 95.72% in one year. It has underperformed other stocks in the Software - Application industry by 1.21 percentage points. Freight Technologies stock is currently +3.75% from its 52-week low of $0.80, and -96.02% from its 52-week high of $20.85.
As of Apr 29, 2024, there are 565,118 shares of FRGT outstanding. The market value of FRGT is $469.05k. In the last 24 hours, 1.8M FRGT shares were traded.
How to Buy Freight Technologies Stock
Not sure how to invest in Freight Technologies stock? Here's how.
- Decide where to buy Freight Technologies stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Freight Technologies stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your method of payment and add your details.
- Analyze Freight Technologies stock: The Freight Technologies ticker symbol is FRGT. Is Freight Technologies stock a good investment? Should you buy shares of FRGT? How do FRGT's underlying business fundamentals look? Do top analysts think Freight Technologies is a good buy? Why has FRGT's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if FRGT is a good stock to buy).
- Make your FRGT trade: Decide if you will purchase FRGT shares at the current market price or use a limit order to buy FRGT stock at a specific price.
- Get updates on your FRGT investment: Create a watchlist to get live updates on your new investment in Freight Technologies shares.
Step 1: Decide where to buy Freight Technologies stock
You need a brokerage account in order to access the NASDAQ market and buy FRGT shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
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- Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you are able to invest in FRGT today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have created your account on mobile trading apps, your next step is to transfer the money for your investment:
Watch the video below to see the process of depositing funds into your brokerage account.
Step 4: Analyze Freight Technologies stock
After you have decided on the best place to buy Freight Technologies stock, it's absolutely critical to research their stock prior to investing, so you actually understand the risk and upside.
Freight Technologies shares quick numbers
Freight Technologies Zen Score
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on FRGT's stock page.
Is FRGT stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge FRGT's true value.
Using relative valuations measures:
- FRGT may be undervalued based on its P/B ratio of 0.15x, relative to Software - Application industry P/B ratio of 6.52x
You can access more valuation research on FRGT's stock here.
FRGT Financial Health Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the FRGT balance sheet.
- There are more short-term assets than short-term liabilities on the FRGT balance sheet.
Failed Financial Due Diligence Checks:
- FRGT profit margin has gone down from -39.6% to -41.4% in the past year.
- FRGT has a relatively high debt to equity ratio of 2.37.
- Total FRGT debt is higher than 5 years ago, relative to shareholder equity.
Metrics for Advanced FRGT Traders
FRGT Performance Numbers
Last year, FRGT revenue was $19.68M. During the past 5 year, FRGT's revenue has grown by -7.18% per year. This was slower than the Software - Application industry average of 27.57%.
You can research FRGT's earnings and revenue performance here.
Latest Insiders Trades at FRGT
In the past 12 months, insiders at FRGT have not bought or sold any shares.
Research more about who owns FRGT shares here.
Does FRGT provide a stable income stream?
No, Freight Technologies doesn't provide an income stream by paying out dividends.
FRGT Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your FRGT trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, place a limit order.
Click the Open button and your broker will execute the order.
If you require more help with buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your FRGT investment
Now that you own some FRGT stock, you'll want to stay up-to-date on your new stock purchase.
Put FRGT on a watchlist to monitor your FRGT stock.
FRGT Feed
How to Buy Stock in Freight Technologies
To summarize, here are the 6 steps to buy stock in Freight Technologies:
- Decide where to buy Freight Technologies stock
- Sign up for a brokerage account
- Put funds into your investment account
- Analyze Freight Technologies stock
- Make your FRGT trade
- Get updates on your FRGT investment
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Freight Technologies, create a watchlist today.
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