News stories about On Track Innovations (NASDAQ:OTIV) have been trending somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. On Track Innovations earned a news impact score of 0.15 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 44.6699849312389 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several equities analysts recently issued reports on OTIV shares. Zacks Investment Research lowered shares of On Track Innovations from a “hold” rating to a “sell” rating in a report on Wednesday. Northland Securities set a $2.00 price objective on shares of On Track Innovations and gave the company a “buy” rating in a report on Wednesday, July 19th. Lake Street Capital started coverage on shares of On Track Innovations in a report on Wednesday, July 12th. They set a “buy” rating and a $2.25 price objective on the stock. Finally, ValuEngine lowered shares of On Track Innovations from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th.
On Track Innovations (NASDAQ OTIV) traded down 0.79% during trading on Friday, reaching $1.26. 91,863 shares of the company’s stock traded hands. The company has a 50 day moving average price of $1.37 and a 200-day moving average price of $1.50. On Track Innovations has a 12-month low of $0.89 and a 12-month high of $2.09. The company’s market cap is $51.81 million.
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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