Freight Tech Q2 Earnings Report includes 29% Revenue Growth and 93% Margin Increase

(24/7 MARKET NEWS) – Freight Technologies, Inc. (NASDAQ:FRGT) reported its second quarter financial results, this morning, including a 29% increase in revenue compared to the previous quarter and a 93% rise in margin compared to the same year-to-date period last year.

Freight Technologies is trading at $0.66, up $0.10 (+17.74%), on 412.15K premarke shares traded.

Its 52-week range is $0.5397 to $22.30. It hit a new 52-week low last week and is trying to reverse that downtrend. Its next key inflection point is $0.67 and if it can break through on strong trading volume, it may try to challenge the 90-cent trading level.

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