ValuEngine Lowers On Track Innovations (NASDAQ:OTIV) to Sell
Separately, Zacks Investment Research raised shares of On Track Innovations from a sell rating to a hold rating in a research report on Tuesday, June 18th.
Shares of OTIV traded up $0.01 during mid-day trading on Tuesday, hitting $0.34. 5,001 shares of the company’s stock were exchanged, compared to its average volume of 50,319. The company has a market cap of $13.59 million, a price-to-earnings ratio of -6.74 and a beta of 1.04. On Track Innovations has a fifty-two week low of $0.30 and a fifty-two week high of $1.01. The stock’s 50-day moving average is $0.35 and its 200-day moving average is $0.51.
About On Track Innovations
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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