On Track Innovations (OTIV) Getting Somewhat Favorable Media Coverage, Study Finds
Media stories about On Track Innovations (NASDAQ:OTIV) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. On Track Innovations earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 45.8103784401976 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of On Track Innovations (OTIV) traded up 3.17% during trading on Wednesday, hitting $1.30. 104,794 shares of the stock traded hands. The firm’s 50-day moving average price is $1.30 and its 200-day moving average price is $1.43. The company’s market cap is $53.45 million. On Track Innovations has a 52 week low of $0.89 and a 52 week high of $2.09.
Several equities analysts have recently issued reports on OTIV shares. Zacks Investment Research downgraded shares of On Track Innovations from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 16th. Lake Street Capital started coverage on shares of On Track Innovations in a report on Wednesday, July 12th. They set a “buy” rating and a $2.25 price target for the company. Northland Securities set a $2.00 price target on shares of On Track Innovations and gave the company a “buy” rating in a report on Wednesday, July 19th. ValuEngine downgraded shares of On Track Innovations from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Finally, TheStreet raised shares of On Track Innovations from a “d” rating to a “c-” rating in a report on Wednesday, August 23rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $2.17.
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On Track Innovations Company Profile
On Track Innovations Ltd. is a developer of cashless payment solutions. The Company’s segments include Retail and Mass Transit, Petroleum, Parking and Other. The Company offers solutions for banking, mobile network operators, vending, mass transit, petroleum and parking. The Company provides its customers with training and installation support, customer service and technical support.
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