Foresight Autonomous Holdings Ltd ADR (FRSX) stock hits $1.18: Is it a good time to buy or wait for a dip?

Foresight Autonomous Holdings Ltd ADR [FRSX] stock is trading at $1.18, up 8.26%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FRSX shares have gain 12.38% over the last week, with a monthly amount glided 1.72%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Foresight Autonomous Holdings Ltd ADR [NASDAQ: FRSX] stock has seen the most recent analyst activity on March 02, 2018, when The Benchmark Company initiated its Speculative Buy rating and assigned the stock a price target of $16.

Foresight Autonomous Holdings Ltd ADR [FRSX] stock has fluctuated between $0.90 and $3.29 over the past year. Foresight Autonomous Holdings Ltd ADR [NASDAQ: FRSX] shares were valued at $1.18 at the most recent close of the market.

Analyzing the FRSX fundamentals

Foresight Autonomous Holdings Ltd ADR [NASDAQ:FRSX] reported sales of 0.50M for the trailing twelve months, which represents a growth of 39.39%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at -22.63%, Pretax Profit Margin comes in at -31.64%, and Net Profit Margin reading is -31.55%. To continue investigating profitability, this company’s Return on Assets is posted at -1.16, Equity is -1.24 and Total Capital is -0.94. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.11.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.0900 points at the first support level, and at 1.0000 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2500, and for the 2nd resistance point, it is at 1.3200.

Ratios To Look Out For

For context, Foresight Autonomous Holdings Ltd ADR’s Current Ratio is 7.92. As well, the Quick Ratio is 7.92, while the Cash Ratio is 7.31. Considering the valuation of this stock, the price to sales ratio is 36.18, the price to book ratio is 1.17.

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