tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Freight Technologies Announces Reverse Stock Split to Meet Nasdaq Requirements

Story Highlights
Freight Technologies Announces Reverse Stock Split to Meet Nasdaq Requirements

Claim 50% Off TipRanks Premium and Invest with Confidence

Freight Technologies ( (FRGT) ) has provided an announcement.

On November 12, 2025, Freight Technologies, Inc. announced a 1-for-5 reverse stock split of its ordinary shares, which will take effect on December 15, 2025. This move aims to increase the per share trading price to meet Nasdaq’s $1.00 minimum bid price requirement. The reverse split will reduce the number of outstanding shares from 7,821,228 to 1,564,246, and the shares will continue to trade under the symbol ‘FRGT’ with a new CUSIP number. This strategic decision is expected to impact the company’s market presence by maintaining its Nasdaq listing, thereby potentially benefiting stakeholders.

The most recent analyst rating on (FRGT) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Freight Technologies stock, see the FRGT Stock Forecast page.

Spark’s Take on FRGT Stock

According to Spark, TipRanks’ AI Analyst, FRGT is a Neutral.

Freight Technologies’ overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, high leverage, and negative cash flows. Technical analysis also indicates bearish momentum, while valuation metrics are unattractive due to negative earnings.

To see Spark’s full report on FRGT stock, click here.

More about Freight Technologies

Freight Technologies, Inc. (Fr8Tech) is a logistics management innovation company headquartered in Houston, Texas. It offers a diverse portfolio of proprietary platform solutions powered by AI and machine learning to optimize and automate the supply chain process. The company’s solutions include Fr8App for cross-border shipping in the USMCA region, Fr8Now for less-than-truckload shipping, Fr8Fleet for enterprise clients in Mexico, Waavely for ocean freight booking, Fleet Rocket for transportation management, and Zayren for pricing prediction and carrier matching.

Average Trading Volume: 7,533,948

Technical Sentiment Signal: Sell

Current Market Cap: $4.58M

For a thorough assessment of FRGT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1