News stories about On Track Innovations (NASDAQ:OTIV) have trended negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. On Track Innovations earned a coverage optimism score of -2.33 on their scale. InfoTrie also gave news articles about the technology company an news buzz score of 1 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company’s share price in the next few days.
Separately, ValuEngine cut On Track Innovations from a “hold” rating to a “sell” rating in a research report on Tuesday, September 10th.
Shares of NASDAQ OTIV opened at $0.17 on Friday. The stock has a 50 day moving average price of $0.28 and a 200 day moving average price of $0.40. On Track Innovations has a 52 week low of $0.17 and a 52 week high of $0.91. The stock has a market capitalization of $7.44 million, a PE ratio of -3.40 and a beta of 1.04.
On Track Innovations (NASDAQ:OTIV) last issued its quarterly earnings results on Wednesday, August 7th. The technology company reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). On Track Innovations had a negative net margin of 12.66% and a negative return on equity of 31.14%. The company had revenue of $4.12 million for the quarter, compared to analyst estimates of $5.20 million. As a group, sell-side analysts forecast that On Track Innovations will post -0.02 earnings per share for the current fiscal year.
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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