For Foresight Autonomous Holdings Ltd ADR [FRSX], Analyst sees a rise to $16. What next?

Foresight Autonomous Holdings Ltd ADR [NASDAQ: FRSX] stock went on an upward path that rose over 40.94% on Tuesday, amounting to a one-week price increase of more than 274.86%.

Over the last 12 months, FRSX stock rose by 108.77%. The one-year Foresight Autonomous Holdings Ltd ADR stock forecast points to a potential upside of 47.84. The average equity rating for FRSX stock is currently 1.00, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $40.36 million, with 15.48 million shares outstanding and 10.83 million shares in the current float. Compared to the average trading volume of 515.42K shares, FRSX stock reached a trading volume of 5454633 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Foresight Autonomous Holdings Ltd ADR [FRSX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FRSX shares is $4.62 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FRSX stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Benchmark Company have made an estimate for Foresight Autonomous Holdings Ltd ADR shares, keeping their opinion on the stock as Speculative Buy, with their previous recommendation back on March 02, 2018.

The Average True Range (ATR) for Foresight Autonomous Holdings Ltd ADR is set at 0.22, with the Price to Sales ratio for FRSX stock in the period of the last 12 months amounting to 85.88. The Price to Book ratio for the last quarter was 4.65, with the Price to Cash per share for the same quarter was set at 0.53.

FRSX Stock Performance Analysis:

Foresight Autonomous Holdings Ltd ADR [FRSX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 274.86. With this latest performance, FRSX shares gained by 263.91% in over the last four-week period, additionally plugging by 153.14% over the last 6 months – not to mention a rise of 108.77% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FRSX stock in for the last two-week period is set at 95.54, with the RSI for the last a single of trading hit 97.68, and the three-weeks RSI is set at 93.12 for Foresight Autonomous Holdings Ltd ADR [FRSX]. The present Moving Average for the last 50 days of trading for this stock 0.72, while it was recorded at 1.44 for the last single week of trading, and 0.90 for the last 200 days.

Insight into Foresight Autonomous Holdings Ltd ADR Fundamentals:

Foresight Autonomous Holdings Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.61 and a Current Ratio set at 4.61.

Foresight Autonomous Holdings Ltd ADR [FRSX] Institutonal Ownership Details