Freightos (NASDAQ:CRGO) Trading 2.8% Higher – Still a Buy?

Freightos Limited (NASDAQ:CRGOGet Free Report)’s stock price was up 2.8% on Monday . The company traded as high as $2.95 and last traded at $2.93. Approximately 50,101 shares were traded during mid-day trading, an increase of 15% from the average daily volume of 43,572 shares. The stock had previously closed at $2.85.

Freightos Trading Up 2.8 %

The company has a debt-to-equity ratio of 0.01, a current ratio of 2.90 and a quick ratio of 2.90. The firm has a market capitalization of $144.62 million, a price-to-earnings ratio of -8.62 and a beta of -0.05. The business’s 50 day moving average price is $2.01 and its 200-day moving average price is $1.81.

Freightos Company Profile

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Freightos Limited, together with its subsidiaries, operates a vendor-neutral booking and payment platform for international freight. It operates WebCargo, a platform for connecting carriers and forwarders; and Freightos.com, a platform for connecting service providers to importers/exporters. The company also offers software-as-a-service solutions, such as WebCargo Air for airline rates and ebookings; WebCargo AcceleRate, a multi-modal rate repository; data services; and WebCargo Airline Control Panel that enables airlines to control bookings and optimize pricing with real-time booking analytics.

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