Foresight Autonomous (NASDAQ:FRSX) Shares Up 1.4%

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX)’s share price shot up 1.4% during trading on Tuesday . The company traded as high as $0.80 and last traded at $0.80. 18,195 shares were traded during trading, a decline of 93% from the average session volume of 269,451 shares. The stock had previously closed at $0.79.

Foresight Autonomous Stock Performance

The business has a 50 day moving average of $0.91 and a 200 day moving average of $1.03.

Foresight Autonomous (NASDAQ:FRSX) last posted its earnings results on Friday, August 9th. The company reported ($0.30) earnings per share (EPS) for the quarter. The business had revenue of $0.12 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Foresight Autonomous stock. Altshuler Shaham Ltd bought a new stake in Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,948,177 shares of the company’s stock, valued at approximately $2,824,000. Foresight Autonomous accounts for about 0.1% of Altshuler Shaham Ltd’s portfolio, making the stock its 26th largest position. Altshuler Shaham Ltd owned about 27.23% of Foresight Autonomous as of its most recent filing with the Securities and Exchange Commission (SEC). 23.45% of the stock is owned by institutional investors.

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.