Foresight Autonomous Holdings Ltd. (FRSX) is currently priced at $1.94, experiencing a decline of 7 cents, representing a 3.48% decrease from the previous close of $2. Trading volume stands at $6,446, reflecting a 5.72% deviation from the average. The asset is under pressure amid market movements and trading patterns.
FRSX's latest quarterly earnings report, announced on Wednesday, March 25th, revealed a consensus EPS estimate of -3.32967. The company's revenue estimate is at $125,000. Investors are closely monitoring these figures to gauge the company's financial health and performance in the market.
The current trading session for FRSX is volatile, with the asset price facing a downturn. Analysts are keeping a close eye on market dynamics and the company's financial results to assess its future trajectory.
Foresight Autonomous Holdings Ltd., a technology company, engages in the design, development, and commercialization of sensor systems for the automotive industry in Israel and internationally. The company develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions. It offers QuadSight automotive vision solution, a four-camera multi-spectral vision solution that combines two sets of stereoscopic infrared and visible-light cameras for obstacle detection; DynamiCal, an automatic calibration software solution to ensure that stereo cameras remain calibrated to create accurate and continuous 3D depth perception; and ScaleCam, a separated stereo camera solution. The company also provides Percept3D, a 3D point cloud solution that provides 3D raw data for obstacle detection, terrain analysis, and autonomous vehicle sensor fusion; and Mono2Stereo, a solution that enhances existing vision sensor systems by using software-based algorithms to create a 3D perception stereo vision solution. Its solutions are also used in defense, autonomous vehicles, and heavy industrial equipment markets. In addition, it offers Eye-Net Protect, a cellular-based V2X solution that provides real-time pre-collision alerts to road users, such as pedestrians, cyclists, scooter drivers, etc. by using smartphones. It has a strategic cooperation agreement with FLIR Systems, Inc. to develop, market, and distribute the QuadSight vision system; and a strategic partnership agreement with Knorr-Bremse for light rail vehicle systems. The company was formerly known as Asia Development (A.D.B.M.) Ltd. and changed its name to Foresight Autonomous Holdings Ltd. in January 2016. Foresight Autonomous Holdings Ltd. was founded in 2015 and is headquartered in Ness Ziona, Israel.