Odysight.ai (NASDAQ:ODYS) Coverage Initiated at Chardan Capital

Research analysts at Chardan Capital initiated coverage on shares of Odysight.ai (NASDAQ:ODYS) in a report released on Monday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $7.15 price target on the stock. Chardan Capital’s target price points to a potential upside of 79.65% from the stock’s current price.

Several other equities research analysts have also issued reports on the stock. Benchmark restated a “buy” rating on shares of Odysight.ai in a research note on Wednesday, June 24th. Morgan Stanley raised shares of Odysight.ai to an “overweight” rating in a report on Wednesday, June 24th. Finally, Weiss Ratings lowered shares of Odysight.ai from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, July 24th. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $8.57.

Odysight.ai Price Performance

Shares of ODYS opened at $3.98 on Monday. The business has a 50-day simple moving average of $4.26 and a two-hundred day simple moving average of $5.08. Odysight.ai has a 52 week low of $2.60 and a 52 week high of $11.30. The stock has a market cap of $66.90 million, a price-to-earnings ratio of -3.59 and a beta of -0.52.

Odysight.ai (NASDAQ:ODYS) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.26) earnings per share for the quarter. The company had revenue of $0.42 million for the quarter. Odysight.ai had a negative net margin of 1,669.72% and a negative return on equity of 78.20%.

Odysight.ai Company Profile

Odysight.ai, Inc engages in the development and manufacture of customized visual solutions for organizations across a variety of industries in the form of micro cameras and supplementary technologies. Its devices can used across the medical, aerospace, industrial, research, and defense industries. The company was founded on March 22, 2013 and is headquartered in Omer, Israel.