On Track Innovations (NASDAQ:OTIV) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a report issued on Wednesday.
Separately, Zacks Investment Research upgraded shares of On Track Innovations from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. On Track Innovations has an average rating of “Hold” and a consensus price target of $2.38.
NASDAQ OTIV traded up $0.02 on Wednesday, reaching $1.21. 518,482 shares of the company’s stock traded hands, compared to its average volume of 471,248. The company has a market capitalization of $46.94 million, a PE ratio of -30.25 and a beta of 1.40. On Track Innovations has a fifty-two week low of $1.19 and a fifty-two week high of $1.25. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.59 and a quick ratio of 1.36.
On Track Innovations (NASDAQ:OTIV) last posted its earnings results on Wednesday, May 9th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.01). On Track Innovations had a negative net margin of 2.67% and a negative return on equity of 13.80%. research analysts expect that On Track Innovations will post -0.02 earnings per share for the current year.
On Track Innovations Company Profile
On Track Innovations Ltd. designs, develops, and markets cashless payment solutions. The company operates in three segments: Retail and Mass Transit, Petroleum, and Parking. Its products include PayCapsule, an Internet of Things contactless payment device; PayCapsule-Flex, a payenable solution for wearables and flexible products; TRIO mobile point of sale (mPOS) and PIN card readers, which allow merchants to accept EMV chip and magnetic stripe payments with PIN transaction security; and Pico BT, a Bluetooth enabled swipe and chip handheld reader for mPOS.
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