Foresight Autonomous (NASDAQ:FRSX) Issues Quarterly Earnings Results

Foresight Autonomous (NASDAQ:FRSX) posted its earnings results on Monday. The company reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.23) by ($0.07), Zacks reports. Foresight Autonomous had a negative return on equity of 91.40% and a negative net margin of 2,450.11%. The company had revenue of $0.44 million during the quarter, compared to analysts’ expectations of $0.80 million.

Foresight Autonomous Price Performance

FRSX traded down $0.02 on Wednesday, hitting $0.68. The company had a trading volume of 75,489 shares, compared to its average volume of 328,082. The stock has a fifty day simple moving average of $0.94 and a 200-day simple moving average of $0.88. The firm has a market capitalization of $7.37 million, a P/E ratio of -0.67 and a beta of 1.39. Foresight Autonomous has a 52-week low of $0.57 and a 52-week high of $2.63.

About Foresight Autonomous

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.