(CRGO) Freightos Ordinary shares - Ratings and Ratios

Freightos Limited (CRGO) is a technology company that has revolutionized the international freight industry with its neutral booking and payment platform. By operating WebCargo and Freightos.com, the company bridges the gap between carriers, forwarders, and importers/exporters, streamlining the logistics process. Its suite of software-as-a-service solutions, including dynamic airline rates and eBookings, multi-modal rate repositories, and digital customs brokerage services, positions it as a leader in the air freight and logistics sector.

The companys innovative approach has enabled it to capitalize on the growing demand for digitalization in the logistics industry. With a strong foundation established since its inception in 2011 in Barcelona, Spain, Freightos has expanded its offerings to cater to various stakeholders, including airlines, shippers, and forwarders. Its platform provides real-time booking analytics, allowing airlines to optimize pricing, and enables shippers or forwarders to manage their tender procurement process efficiently.

Analyzing the technical data, the stock has shown a relatively stable trend, with its short-term and long-term SMAs indicating a slight bullish sentiment. The ATR suggests a moderate level of volatility. Considering the fundamental data, the companys market capitalization stands at $116.10M USD, and although the P/E ratio is not available due to negative earnings, the negative RoE of -35.78% indicates a challenging financial performance.

Based on the available data, a forecast for CRGO can be constructed. Given the current SMA trends and the ATR, a potential price movement could be anticipated. If the stock maintains its current SMA20 and SMA50 trends, it may continue to hover around the $2.20-$2.30 range. However, a breakout above the SMA200 at $2.24 could signal a potential upward momentum, targeting the resistance level around $2.50. Conversely, a decline below the SMA20 at $2.17 may lead to a retest of the 52W Low at $1.30. Considering the fundamental data, the companys growth prospects will depend on its ability to improve its financial performance and expand its market share in the logistics industry.

To make an informed investment decision, it is crucial to weigh the technical and fundamental analysis. While the technical indicators suggest a potential short-term trading opportunity, the negative RoE and lack of P/E ratio raise concerns about the companys long-term financial health. A thorough evaluation of Freightos growth prospects, competitive landscape, and industry trends is necessary to determine the stocks potential for long-term success.