Foresight Autonomous Holdings Ltd. American Depositary Shares (FRSX) Expected to Announce Quarterly Earnings on Thursday

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) is expected to issue its results before the market opens on Thursday, May 14th. Analysts expect the company to announce earnings of ($1.95) per share and revenue of $0.20 million for the quarter.

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) last announced its quarterly earnings results on Wednesday, March 25th. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($3.33) by $3.31. The firm had revenue of $0.06 million during the quarter, compared to analyst estimates of $0.13 million.

Foresight Autonomous Holdings Ltd. American Depositary Shares Price Performance

Shares of NASDAQ:FRSX opened at $2.03 on Tuesday. The company has a market capitalization of $3.29 million, a price-to-earnings ratio of -0.09 and a beta of 0.66. The firm’s 50 day simple moving average is $2.36 and its 200 day simple moving average is $3.91. Foresight Autonomous Holdings Ltd. American Depositary Shares has a fifty-two week low of $1.94 and a fifty-two week high of $15.54.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

About Foresight Autonomous Holdings Ltd. American Depositary Shares

Foresight Autonomous Holdings Ltd. is an Israel?based technology company specializing in advanced vision and sensing systems for driver assistance and autonomous vehicles. Incorporated in Israel, the company was established to address the growing demand for vision?first safety solutions within the automotive industry.

Foresight markets two core product lines: a stereo?camera platform that uses depth perception and image segmentation to detect pedestrians, vehicles and obstacles in real time, and iDAR, an “intelligent detection and ranging” system that blends LiDAR?style distance measurement with software-driven image analysis.