On Track Innovations Ltd (NASDAQ:OTIV) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.55 and traded as high as $0.38. On Track Innovations shares last traded at $0.38, with a volume of 100 shares.
Separately, Zacks Investment Research raised On Track Innovations from a “sell” rating to a “hold” rating in a research note on Tuesday, June 18th.
The firm has a market capitalization of $15.35 million, a price-to-earnings ratio of -7.40 and a beta of 1.21. The business has a 50 day simple moving average of $0.38 and a 200-day simple moving average of $0.55.
On Track Innovations Company Profile (NASDAQ:OTIV)
On Track Innovations Ltd. designs, develops, and markets cashless payment solutions worldwide. It operates in two segments, Retail and Mass Transit Ticketing; and Petroleum. 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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