Vislink Technologies (NASDAQ:VISL) Shares Climb 2.3% – Time to Buy?

Vislink Technologies, Inc. (NASDAQ:VISL)’s share price was up 2.3% during trading on Thursday. The company traded as high as $3.3770 and last traded at $3.3770. Approximately 7,188 shares changed hands during trading, an increase of 110% from the average daily volume of 3,427 shares. The stock had previously closed at $3.30.

Vislink Technologies Trading Up 2.3%

The company has a market cap of $8.37 million, a price-to-earnings ratio of -0.96 and a beta of 1.12. The company’s 50 day moving average price is $3.22 and its 200 day moving average price is $2.79.

Vislink Technologies Company Profile

Vislink Technologies, Inc develops and supplies wireless video communications equipment and solutions for the collection, transmission, and reception of live video. Its technologies are designed to support high-quality video delivery in situations where wired connectivity may be unavailable or impractical.

The company’s product portfolio includes mobile video transmitters, receivers, encoders, antennas, microwave links, satellite communications equipment, and related systems. These products are used for live news gathering, sports and entertainment production, public safety, defense, surveillance, and other professional applications requiring secure and reliable video transmission.

Vislink serves customers in broadcast and media, government, military, law enforcement, and commercial markets.