Foresight Autonomous (NASDAQ:FRSX) Stock Price Up 1.5% – Here’s What Happened

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX)’s share price shot up 1.5% during trading on Friday . The company traded as high as $0.78 and last traded at $0.76. 68,860 shares were traded during mid-day trading, a decline of 87% from the average session volume of 519,008 shares. The stock had previously closed at $0.75.

Foresight Autonomous Trading Up 1.5 %

The stock has a 50 day simple moving average of $1.11 and a 200 day simple moving average of $0.89. The firm has a market capitalization of $8.24 million, a PE ratio of -0.75 and a beta of 1.39.

Hedge Funds Weigh In On Foresight Autonomous

A number of large investors have recently bought and sold shares of FRSX. Altshuler Shaham Ltd increased its stake in Foresight Autonomous by 98,273,000.0% in the 4th quarter. Altshuler Shaham Ltd now owns 982,731 shares of the company’s stock worth $1,454,000 after purchasing an additional 982,730 shares during the period. Wolverine Trading LLC purchased a new position in shares of Foresight Autonomous during the fourth quarter valued at approximately $26,000. Finally, Renaissance Technologies LLC increased its stake in shares of Foresight Autonomous by 29.3% during the fourth quarter. Renaissance Technologies LLC now owns 52,954 shares of the company’s stock valued at $78,000 after buying an additional 12,000 shares during the period. 23.45% of the stock is owned by hedge funds and other institutional investors.

Foresight Autonomous Company Profile

Foresight Autonomous Holdings Ltd., a technology company, engages in the development of smart multi-spectral 3D vision software solutions and cellular-based applications for the automotive industry in Israel, Japan, the United States, and internationally. It develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions.