Why is Freight Technologies stock surging today?
- Investing.com
Metrics to compare | FRGT | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipFRGTPeersSector | |
|---|---|---|---|---|
P/E Ratio | −0.7x | 25.6x | 11.7x | |
PEG Ratio | - | 0.23 | 0.03 | |
Price/Book | 1.1x | 2.0x | 1.4x | |
Price / LTM Sales | 0.4x | 0.3x | 1.2x | |
Upside (Analyst Target) | - | 48.9% | 30.7% | |
Fair Value Upside | Unlock | 27.2% | 8.9% | Unlock |
Freight Technologies, Inc., through its subsidiary, operates as a technology company that engages in the freight management business in the United States and Mexico. It offers Fr8App platform for over-the-road business-to-business cross-border shipping; Fr8Now, a specialized service for less than truckload shipping; Fr8Fleet, a capacity service for enterprise clients; Waavely, a digital platform for ocean freight booking and management of container shipments between North America and ports worldwide; Fr8Radar to track and trace visibility for shippers and carriers; and Fleet Rocket, a cloud-based transportation management system for brokers, shippers, and other logistics operators. The company is headquartered in Monterrey, Mexico.