Freightos (NASDAQ:CRGOW) Trading Down 11.3% – Should You Sell?

Freightos Limited (NASDAQ:CRGOWGet Free Report) shares traded down 11.3% during trading on Thursday . The stock traded as low as $0.20 and last traded at $0.2130. 11,055 shares traded hands during trading, a decline of 73% from the average session volume of 40,748 shares. The stock had previously closed at $0.24.

Freightos Stock Down 11.3%

The firm’s 50 day moving average is $0.20 and its 200-day moving average is $0.24.

Freightos Company Profile

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Freightos (NASDAQ:CRGOW) is a technology-driven logistics company that provides a digital booking platform for international freight shipping. Founded in 2012, the firm has developed an online marketplace that connects shippers, freight forwarders and carriers, enabling real-time comparison of rates and automated booking processes across air, ocean and trucking services. Freightos aims to simplify the complex and traditionally manual freight industry by bringing transparency and efficiency to global trade.

The company’s core offerings include a cloud-based Rate Management Platform (RMP) that allows logistics providers to manage freight contracts and automate quoting, as well as Freightos Marketplace, where shippers can obtain instant freight quotes and secure capacity with a few clicks.

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