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Freight Technologies, Inc. (FRGT) stock surged +12.89%, trading at $1.06 on NASDAQ, up from the previous close of $0.94. The stock opened at $0.97, fluctuating between $1.03 and $1.06 in the recent session.
Freight Technologies, Inc. operates as a transportation logistics technology platform company. The company through its subsidiary, Freight App, Inc., provides B2B cross-border shipping marketplace in the NAFTA region powered by AI and machine learning. Its Fr8App uses proprietary technology platform to connect carriers and shippers and improve matching and operation efficiency via technologies, such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and capacity solutions. The company was formerly known as Hudson Capital Inc. and changed its name to Freight Technologies, Inc. in May 2022. Freight Technologies, Inc. is headquartered in The Woodlands, Texas.
Employees | 78 |
Beta | 1.18 |
Sales or Revenue | $25.89M |
5Y Sales Change% | 21.078% |
Fiscal Year Ends | December |
Sector | Technology |
Industry | Software - Application |