News stories about On Track Innovations (NASDAQ:OTIV) have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. On Track Innovations earned a coverage optimism score of 0.01 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.0937422456173 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several analysts have commented on the stock. Zacks Investment Research lowered shares of On Track Innovations from a “hold” rating to a “sell” rating in a report on Saturday, March 24th. ValuEngine lowered shares of On Track Innovations from a “hold” rating to a “sell” rating in a report on Tuesday, January 16th. Two analysts have rated the stock with a sell rating and two have given a buy rating to the stock. On Track Innovations presently has an average rating of “Hold” and a consensus price target of $2.38.
OTIV remained flat at $$0.96 on Monday. 83,292 shares of the company’s stock traded hands, compared to its average volume of 569,464. The company has a quick ratio of 1.36, a current ratio of 1.59 and a debt-to-equity ratio of 0.07. On Track Innovations has a twelve month low of $0.93 and a twelve month high of $2.94. The stock has a market capitalization of $39.53, a price-to-earnings ratio of -24.00 and a beta of 1.43.
On Track Innovations (NASDAQ:OTIV) last issued its quarterly earnings data on Wednesday, March 21st. The technology company reported ($0.02) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.01). On Track Innovations had a negative return on equity of 13.80% and a negative net margin of 2.67%. The company had revenue of $6.75 million during the quarter, compared to analysts’ expectations of $5.69 million. analysts anticipate that On Track Innovations will post -0.02 earnings per share for the current fiscal year.
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About On Track Innovations
On Track Innovations Ltd. is a developer of cashless payment solutions. The Company’s segments include Retail and Mass Transit, Petroleum, Parking and Other. The Company offers solutions for banking, mobile network operators, vending, mass transit, petroleum and parking. The Company provides its customers with training and installation support, customer service and technical support.
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