(FRSX) Foresight Autonomous - Ratings and Ratios

Foresight Autonomous Holdings Ltd. is a technology company specializing in the development of advanced 3D vision software and cellular-based applications for the automotive and other industries. Its product portfolio includes QuadSight, a four-camera multi-spectral vision solution, DynamiCal, an automatic calibration software, and Eye-Net Protect, a cellular-based V2X solution providing real-time pre-collision alerts. The companys solutions are used in various industries such as automotive, defense, and agriculture.

From a business perspective, Foresight Autonomous Holdings is well-positioned to capitalize on the growing demand for advanced driver-assistance systems (ADAS) and autonomous vehicles. Its technology has the potential to be integrated into various vehicles and equipment, providing a significant revenue stream. The companys global presence, with operations in Israel, Japan, and the United States, also provides a solid foundation for expansion.

Analyzing the , the stocks current price is $0.57, which is at its 52-week low. The SMA20 and SMA50 are at $0.65 and $0.66, respectively, indicating a downward trend. The ATR is $0.06, which translates to 10.60% volatility. Given the current trend and volatility, a potential trading strategy could be to wait for a breakout above the SMA20 or SMA50. Using the , the companys Market Cap is $13.67M, and the P/E ratio is not available due to negative earnings. The RoE is -114.56, indicating significant losses.

Forecasting the stocks performance, we can expect the downward trend to continue if the company fails to report significant improvements in its financials. However, if Foresight Autonomous Holdings can demonstrate progress in its technology and revenue growth, the stock may experience a rebound. Based on the current and , a potential price target could be $0.81, which is the SMA200. Nevertheless, this is contingent upon the company addressing its negative earnings and improving its financial health. A more likely scenario is that the stock will continue to trade within its current range, potentially between $0.50 and $0.70, until there is a significant catalyst for change.