Somewhat Critical Press Coverage Extremely Unlikely to Impact On Track Innovations (OTIV) Stock Price

News coverage about On Track Innovations (NASDAQ:OTIV) has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. On Track Innovations earned a news sentiment score of -1.00 on their scale. InfoTrie also gave news headlines about the technology company an news buzz score of 1 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the media stories that may have effected On Track Innovations’ ranking:

On Track Innovations stock traded up $0.02 during trading on Friday, reaching $0.78. The company had a trading volume of 11,961 shares, compared to its average volume of 94,399. On Track Innovations has a 1-year low of $0.65 and a 1-year high of $2.94. The stock has a market capitalization of $31.57 million, a P/E ratio of -19.50 and a beta of 1.17.

A number of equities research analysts recently issued reports on OTIV shares. Taglich Brothers started coverage on shares of On Track Innovations in a research note on Thursday, October 25th. They issued a “speculative buy” rating on the stock. TheStreet raised shares of On Track Innovations from a “d+” rating to a “c-” rating in a research note on Thursday, November 8th. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. On Track Innovations has a consensus rating of “Hold” and an average target price of $2.00.

In other On Track Innovations news, CEO Shlomi Cohen sold 54,938 shares of On Track Innovations stock in a transaction on Wednesday, November 21st. The shares were sold at an average price of $0.73, for a total transaction of $40,104.74. Following the sale, the chief executive officer now owns 52,984 shares of the company’s stock, valued at approximately $38,678.32. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 1.00% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Somewhat Critical Press Coverage Extremely Unlikely to Impact On Track Innovations (OTIV) Stock Price” was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this news story on another website, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2018/12/08/somewhat-critical-press-coverage-extremely-unlikely-to-impact-on-track-innovations-otiv-stock-price.html.

About On Track Innovations

On Track Innovations Ltd. designs, develops, and markets cashless payment solutions worldwide. It operates through Retail and Mass Transit Ticketing; and Petroleum segments. The company offers OTI UNO, a single interface and contactless reader that support the major card associations' applications, as well as wallets such as Apple Pay, Google Pay, and Samsung Pay; OTI TRIO, a near-field communication and contactless reader, which offers three-in-one cashless payment card options comprising magnetic stripe (swipe), contact (chip), and contactless (tap); and OTI Interno, an original equipment manufacturer reader module with integrated antenna used for integration into mass transit validators and terminals.

Read More: What is Depreciation?

Insider Buying and Selling by Quarter for On Track Innovations (NASDAQ:OTIV)

Receive News & Ratings for On Track Innovations Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for On Track Innovations and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply