FORESIGHT AUTON/S (FRSX) Earns Buy Rating from Chardan Capital

FORESIGHT AUTON/S (NASDAQ:FRSX)‘s stock had its “buy” rating reaffirmed by investment analysts at Chardan Capital in a research note issued to investors on Wednesday, AnalystRatings.com reports.

The analysts wrote, “We believe this is an aggressive time line and could be subject to push-outs.””

Separately, ValuEngine downgraded FORESIGHT AUTON/S from a “buy” rating to a “hold” rating in a research report on Friday, May 10th.

Shares of FORESIGHT AUTON/S stock opened at $0.90 on Wednesday. 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 issued its quarterly earnings results on Wednesday, March 20th. The company reported ($0.17) EPS for the quarter.

A hedge fund recently bought a new stake in FORESIGHT AUTON/S stock. Psagot Investment House Ltd. bought a new stake in FORESIGHT AUTON/S (NASDAQ:FRSX) during the first quarter, according to the company in its most recent disclosure 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 about 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.

About FORESIGHT AUTON/S

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: When is a capital gain realized?

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