Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Stock Price Down 1.2% – Should You Sell?

Shares of Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) fell 1.2% during trading on Monday . The stock traded as low as $2.26 and last traded at $2.38. 727,532 shares changed hands during mid-day trading, an increase of 3,618% from the average session volume of 19,566 shares. The stock had previously closed at $2.41.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Foresight Autonomous Holdings Ltd. American Depositary Shares Trading Down 1.4%

The firm has a market cap of $3.43 million, a PE ratio of -0.10 and a beta of 0.71. The business’s 50-day simple moving average is $2.48 and its 200 day simple moving average is $4.31.

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) last posted its earnings results on Wednesday, March 25th. The company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($3.33) by $3.31. The business had revenue of $0.06 million for the quarter, compared to analysts’ expectations of $0.13 million.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Foresight Autonomous Holdings Ltd. American Depositary Shares stock. Yorkville Advisors Global LP purchased a new stake in Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 85,000 shares of the company’s stock, valued at approximately $110,000. Foresight Autonomous Holdings Ltd. American Depositary Shares makes up 0.1% of Yorkville Advisors Global LP’s holdings, making the stock its 22nd largest holding. Yorkville Advisors Global LP owned 1.75% of Foresight Autonomous Holdings Ltd. American Depositary Shares at the end of the most recent quarter. 23.45% of the stock is owned by hedge funds and other institutional investors.

Foresight Autonomous Holdings Ltd. American Depositary Shares Company Profile

Foresight Autonomous Holdings Ltd. is an Israel‐based technology company specializing in advanced vision and sensing systems for driver assistance and autonomous vehicles. Incorporated in Israel, the company was established to address the growing demand for vision‐first safety solutions within the automotive industry.

Foresight markets two core product lines: a stereo‐camera platform that uses depth perception and image segmentation to detect pedestrians, vehicles and obstacles in real time, and iDAR, an “intelligent detection and ranging” system that blends LiDAR‐style distance measurement with software-driven image analysis.