FRGT Stock Summary and Trading Ideas (Freight Technologies - | NASDAQ:FRGT)

Freight Technologies Inc is a technology company developing solutions to optimize and automate the supply chain process. Along with its subsidiary, Freight App, Inc, the group is focused on making shipping transparent and efficient. Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility, and simplicity for the once-complex process of international over-the-road (OTR) shipping. The company uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions.

Freight Technologies - trades on the NASDAQ stock market under the symbol FRGT.

As of July 17, 2026, FRGT stock price declined to $3.82 with 89,447 million shares trading.

FRGT has a beta of 1.42, meaning it tends to be more sensitive to market movements. FRGT has a correlation of 0.01 to the broad based SPY ETF.

FRGT has a market cap of $2.19 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, FRGT traded as high as $7,000.00 and as low as $.50.

FRGT has underperformed the market in the last year with a price return of -65.1% while the SPY ETF gained +19.5%. However, in the short term, FRGT had mixed performance relative to the market. It has outperformed in the last 3 months, returning +311.7% vs +4.9% return in SPY. But in the last 2 weeks, FRGT shares have been beat by the market, returning -10.5% compared to an SPY return of -0.2%.

FRGT support price is $3.88 and resistance is $4.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FRGT shares will trade within this expected range on the day.