FORESIGHT AUTON/S (FRSX) Upgraded by ValuEngine to “Buy”

FORESIGHT AUTON/S (NASDAQ:FRSX) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Friday, ValuEngine reports.

Separately, Chardan Capital reissued a “buy” rating on shares of FORESIGHT AUTON/S in a research report on Wednesday.

NASDAQ:FRSX opened at $0.90 on Friday. FORESIGHT AUTON/S has a one year low of $0.84 and a one year high of $4.43.

FORESIGHT AUTON/S (NASDAQ:FRSX) last released its quarterly earnings data on Wednesday, March 20th. The company reported ($0.17) EPS for the quarter.

An institutional investor recently bought a new position in FORESIGHT AUTON/S stock. Psagot Investment House Ltd. bought a new stake in FORESIGHT AUTON/S (NASDAQ:FRSX) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 552,934 shares of the company’s stock, valued at approximately $746,000. Psagot Investment House Ltd. owned 2.52% of FORESIGHT AUTON/S as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 2.53% of the company’s stock.

FORESIGHT AUTON/S Company Profile

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.

Further Reading: Oversold

To view ValuEngine’s full report, visit ValuEngine’s official website.

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