Shares of Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) traded today at $7.94, eclipsing its 52-week high. This new high was reached on below average trading volume as 12.8 million shares traded hands, while the average 30-day volume is approximately 19.7 million shares.
Foresight Autonomous Holdings Ltd is a technology company engaged in the design, development and commercialization of vision systems for the automotive industry. The company develops both in-line-of-sight vision systems and beyond-line-of-sight cellular-based applications through its wholly owned subsidiaries. Its systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is pursuing several markets and believes its advanced systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform.
Foresight Autonomous Holdings Ltd. share prices have moved between a 52-week high of $7.94 and a 52-week low of $0.46 and are now trading 1,529% above that low price at $7.51 per share.
Based on a current price of $7.51, Foresight Autonomous Holdings Ltd. is currently 35.8% above its average consensus analyst price target of $4.82.
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