Altshuler Shaham Ltd Acquires New Position in Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX)

Altshuler Shaham Ltd bought a new position in Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 2,948,177 shares of the company’s stock, valued at approximately $2,824,000. Foresight Autonomous makes up about 0.1% of Altshuler Shaham Ltd’s portfolio, making the stock its 26th largest holding. Altshuler Shaham Ltd owned 27.23% of Foresight Autonomous at the end of the most recent reporting period.

Foresight Autonomous Price Performance

Shares of NASDAQ:FRSX opened at $0.68 on Monday. The business’s 50 day moving average is $0.82 and its 200 day moving average is $0.99. Foresight Autonomous Holdings Ltd. has a 52-week low of $0.63 and a 52-week high of $2.70.

Foresight Autonomous (NASDAQ:FRSX) last announced its quarterly earnings results on Friday, August 9th. The company reported ($0.30) EPS for the quarter. The firm had revenue of $0.12 million for the quarter. Foresight Autonomous had a negative net margin of 1,871.62% and a negative return on equity of 86.89%.

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.