FORESIGHT AUTON/S (NASDAQ:FRSX) Sees Strong Trading Volume

FORESIGHT AUTON/S (NASDAQ:FRSX) shares saw strong trading volume on Friday . 20,665,617 shares were traded during trading, an increase of 8,762% from the previous session’s volume of 233,203 shares.The stock last traded at $1.76 and had previously closed at $1.39.

A number of equities research analysts recently commented on the stock. ValuEngine lowered shares of FORESIGHT AUTON/S from a “buy” rating to a “hold” rating in a report on Wednesday, June 19th. Chardan Capital restated a “buy” rating on shares of FORESIGHT AUTON/S in a report on Wednesday, May 15th.

The company has a fifty day simple moving average of $1.04.

A hedge fund recently bought a new stake in FORESIGHT AUTON/S stock. Psagot Investment House Ltd. purchased a new stake in FORESIGHT AUTON/S (NASDAQ:FRSX) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 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 at the end of the most recent quarter. Institutional investors and hedge funds own 2.10% of the company’s stock.

About FORESIGHT AUTON/S (NASDAQ:FRSX)

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.

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