Freightos (NASDAQ:CRGO) Trading 2.8% Higher – Here’s Why

Freightos Limited (NASDAQ:CRGOGet Free Report) traded up 2.8% on Monday . The stock traded as high as $2.95 and last traded at $2.93. 50,101 shares traded hands during trading, an increase of 15% from the average session volume of 43,572 shares. The stock had previously closed at $2.85.

Freightos Stock Performance

The firm has a market capitalization of $150.54 million, a PE ratio of -8.97 and a beta of -0.05. The business has a 50-day simple moving average of $2.08 and a 200-day simple moving average of $1.82. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.90 and a quick ratio of 2.90.

About Freightos

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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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