Vislink Technologies (NASDAQ:VISL) Trading Up 3.4%

Vislink Technologies Inc (NASDAQ:VISL)’s share price was up 3.4% on Thursday . The stock traded as high as $0.31 and last traded at $0.30, approximately 8,218,815 shares changed hands during mid-day trading. An increase of 65% from the average daily volume of 4,978,328 shares. The stock had previously closed at $0.29.

The company has a current ratio of 1.42, a quick ratio of 0.47 and a debt-to-equity ratio of 0.10. The company’s fifty day moving average is $0.26 and its two-hundred day moving average is $0.64. The stock has a market cap of $4.44 million, a price-to-earnings ratio of -0.05 and a beta of 1.13.

Vislink Technologies (NASDAQ:VISL) last posted its earnings results on Thursday, November 14th. The company reported ($0.35) earnings per share for the quarter. Vislink Technologies had a negative net margin of 46.58% and a negative return on equity of 113.80%. The company had revenue of $5.01 million during the quarter.

A hedge fund recently bought a new stake in Vislink Technologies stock. Sabby Management LLC bought a new stake in Vislink Technologies Inc (NASDAQ:VISL) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 115,314 shares of the company’s stock, valued at approximately $61,000. Sabby Management LLC owned about 0.80% of Vislink Technologies as of its most recent filing with the Securities and Exchange Commission. 5.43% of the stock is owned by institutional investors.

About Vislink Technologies (NASDAQ:VISL)

Vislink Technologies, Inc engages in the design, manufacture, and deployment of end-to-end live video communications solutions worldwide. The company designs, develops, and distributes TV news and broadcast microwave video systems under the IMT brand for broadcast, sports/entertainment/education, public safety, and defense markets, as well as provides engineering, integration, installation and commissioning services.

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