Freight Technologies, Inc.FRGT

$3.81+0.27 (+7.63%)
NASDAQTechnology24:00 UTC

Company snapshot

Market Cap
$6M
Micro-cap
-100%
2018 — today
10-Year Price
-100%
2018 — today
52-Week Range
$2.55$54.75
Current $3.81· 2%

Freight Technologies, Inc. is a technology company focused on enhancing transportation logistics. Operating through its subsidiary, Freight App, Inc., the company provides an AI and machine learning-powered business-to-business (B2B) marketplace for cross-border shipping within the NAFTA region. Its proprietary Fr8App platform effectively links freight carriers with shippers, boosting both matching accuracy and operational efficiency. This is achieved through a suite of integrated technologies, including dynamic pricing, live tracking capabilities, a digital freight exchange, brokerage functions, and comprehensive management solutions for transportation, fleets, and capacity optimization. Formerly known as Hudson Capital Inc., the company changed its name to Freight Technologies, Inc. in May 2022 and maintains its headquarters in The Woodlands, Texas.

Valuation in context

P/E ratio
-0.2
N/A
Not meaningful — company is unprofitable
P/B ratio
1.2
Above average
Pricier than usual over the last 10 years
FCF Yield
-120.2%
Historically low
Historically low relative to the last 10 years
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