Rail Vision (NASDAQ:RVSN) Shares Down 2% – Here’s Why

Rail Vision Ltd. (NASDAQ:RVSN)’s share price was down 2% on Friday . The company traded as low as $4.71 and last traded at $4.89. Approximately 59,206 shares changed hands during mid-day trading, an increase of 10% from the average daily volume of 53,700 shares. The stock had previously closed at $4.99.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on RVSN shares. Weiss Ratings lowered shares of Rail Vision from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, May 1st. Wall Street Zen raised shares of Rail Vision from a “sell” rating to a “hold” rating in a research report on Sunday, April 5th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Reduce”.

Rail Vision Stock Performance

The firm has a market capitalization of $10.71 million, a P/E ratio of -0.04 and a beta of -1.08. The stock’s 50 day simple moving average is $7.42 and its 200 day simple moving average is $8.67.

Rail Vision (NASDAQ:RVSN) last issued its earnings results on Tuesday, March 31st. The company reported ($1.41) EPS for the quarter, topping analysts’ consensus estimates of ($1.84) by $0.43. The company had revenue of $0.63 million during the quarter, compared to the consensus estimate of $0.20 million. On average, analysts anticipate that Rail Vision Ltd. will post -2.1 earnings per share for the current year.

Institutional Investors Weigh In On Rail Vision

A hedge fund recently bought a new stake in Rail Vision stock. Jane Street Group LLC bought a new stake in Rail Vision Ltd. (NASDAQ:RVSN) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 186,809 shares of the company’s stock, valued at approximately $61,000. Jane Street Group LLC owned approximately 8.53% of Rail Vision as of its most recent SEC filing. Institutional investors own 12.11% of the company’s stock.

About Rail Vision

Rail Vision Ltd. is an Israel-based technology company specializing in vision-based safety and automation solutions for the global rail industry. Founded in 2016 and headquartered in Tel Aviv, the company develops and deploys AI-driven systems that use advanced cameras and machine learning algorithms to detect obstacles and hazards along railway tracks. Rail Vision’s flagship offering integrates trackside sensors with onboard vision systems to provide real-time alerts of objects such as vehicles, debris, animals and people, enabling operators to enhance safety and operational efficiency.

The company’s product suite comprises both stationary and mobile sensing units.