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Freight Technologies ( (FRGT) ) has provided an update.
Freight Technologies, Inc. received a deficiency notice from Nasdaq on January 17, 2025, for not meeting the minimum stockholders’ equity requirement of $2,500,000. By June 30, 2025, the company regained compliance with a reported stockholders’ equity of $6,159,098, closing the matter with Nasdaq.
Spark’s Take on FRGT Stock
According to Spark, TipRanks’ AI Analyst, FRGT is a Neutral.
Freight Technologies’ stock is currently evaluated with a low score primarily due to its precarious financial position, characterized by declining revenues and negative cash flows. The technical analysis indicates bearish momentum, further weighing on the score. While corporate events suggest strategic efforts to stabilize finances and explore digital assets, these moves have yet to translate into improved financial performance.
To see Spark’s full report on FRGT stock, click here.
More about Freight Technologies
Average Trading Volume: 1,289,239
Technical Sentiment Signal: Sell
Current Market Cap: $4.16M
For detailed information about FRGT stock, go to TipRanks’ Stock Analysis page.