On Track Innovations (NASDAQ:OTIV) Receives Coverage Optimism Rating of 1.81

Media coverage about On Track Innovations (NASDAQ:OTIV) has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. On Track Innovations earned a news impact score of 1.81 on their scale. InfoTrie also gave news headlines about the technology company an news buzz score of 4 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of On Track Innovations stock opened at $0.62 on Monday. The stock has a market capitalization of $25.70 million, a P/E ratio of -12.45 and a beta of 1.41. On Track Innovations has a 1 year low of $0.55 and a 1 year high of $1.40.

On Track Innovations (NASDAQ:OTIV) last issued its earnings results on Wednesday, March 13th. The technology company reported ($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.01). On Track Innovations had a negative return on equity of 12.93% and a negative net margin of 1.15%. The business had revenue of $4.53 million during the quarter, compared to analysts’ expectations of $7.21 million. On average, analysts expect that On Track Innovations will post -0.03 earnings per share for the current year.

Several research firms recently weighed in on OTIV. TheStreet cut shares of On Track Innovations from a “c-” rating to a “d” rating in a report on Monday, March 18th. Zacks Investment Research cut shares of On Track Innovations from a “hold” rating to a “sell” rating in a report on Tuesday, March 19th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. On Track Innovations has an average rating of “Hold” and a consensus target price of $1.38.

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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.

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