News stories about On Track Innovations (NASDAQ: OTIV) have been somewhat positive in recent times, reports Accern Sentiment Analysis. Accern identifies negative and positive reporting by analyzing more than 20 million news and blog sources in real time. Accern ranks the coverage of public companies on a scale from negative one to positive, with scores that are closest to one being the most favorable. On Track Innovations earned a daily sentiment score of 0.24 on the Accern scale. Accern also gave news headlines about the technology company an impact score of 47.3189010799894 out of 100, indicating that recent reporting is somewhat unlikely to have an impact on the company's stock price in the short term.
Shares of OTIV shares rose $ 0.01 on Thursday and reached $ 1.05. 84,439 shares of the shares were exchanged, compared with the average volume of 104,975. The company has a market capitalization of $ 42.12 million, a P / E ratio of -26.25 and a beta of 1.45. On Track Innovations has a lowest point in one year of $ 0.93 and a highest point in one year of $ 2.94. The company has a fast ratio of 1.28, a current ratio of 1.54 and a debt-to-equity ratio of 0.04.
On Track Innovations (NASDAQ: OTIV) published its results for the last time on Wednesday 8 August. The technology company reported ($ 0.01) earnings per share for the quarter and hit consensus analysts' estimates of ($ 0.01). The company had revenues of $ 6.15 million during the quarter compared to the $ 6.20 million consensus estimate. On Track Innovations recorded a negative return on equity of 12.27% and a negative net margin of 1.87%. stock research analysts anticipate that On Track Innovations will deliver -0.02 earnings per share for the current financial year.
A number of equity analysts have responded to the company. Zacks Investment Research retrieved On Track Innovations from a "sell" classification on Wednesday 23 May to a "hold" rating in a research note. Lake Street Capital started reporting on On Track Innovations in a research report on Wednesday 23 May. They set a "buy" rating and a target price of $ 2.00 for the company. Finally, ValuEngine upgraded On Track Innovations from a "sell" classification to a "hold" rating in a research report on Wednesday, May 9. Two investment analysts have rated the shares with a hold rating and two have assigned a buy-rating to the company. The stock currently has a consensus rating of "Buy" and a consensus target price of $ 2.25.
On Track Innovations Company profile
On Track Innovations Ltd. designs, develops and sells cashless payment solutions worldwide. It works through Retail and Mass Transit Ticketing; and petroleum segments. The company offers OTI UNO, a single interface and contactless reader that supports the applications of major card associations, as well as wallets such as Apple Pay, Google Pay and Samsung Pay; OTI TRIO, a near-field communication and contactless reader, offering three-in-one cashless payment card options, consisting of magnetic stripe (swipe), contact (chip) and contactless (tick); and OTI Interno, a reader module for original equipment manufacturers with integrated antenna used for integration in validation terminals and mass transfer terminals.
See also: How do investors use RSI to assess shares?
Receive daily news and ratings for On Track Innovations – Enter your e-mail address below for a concise, daily summary of the latest news and reviews from analysts for On Track Innovations and related companies with the FREE daily e-mail newsletter from MarketBeat.com.