Rail Vision (NASDAQ:RVSN) Trading Up 6.8%

Rail Vision Ltd. (NASDAQ:RVSN) shot up 6.8% during mid-day trading on Thursday . The stock traded as high as 1.13 and last traded at 1.10. 1,244,900 shares changed hands during trading, a decline of 83% from the average session volume of 7,451,753 shares. The stock had previously closed at 1.03.

Rail Vision Stock Performance

The company has a market cap of $7.40 million, a P/E ratio of -0.24 and a beta of 0.01. The business has a fifty day simple moving average of 2.97 and a 200 day simple moving average of 3.24.

Institutional Trading of Rail Vision

A number of institutional investors and hedge funds have recently modified their holdings of the business. Walleye Capital LLC acquired a new position in shares of Rail Vision in the 2nd quarter valued at about $195,000. Citadel Advisors LLC acquired a new stake in shares of Rail Vision in the second quarter valued at $43,000. Finally, RIA Advisory Group LLC bought a new position in Rail Vision during the fourth quarter valued at about $35,000. 12.11% of the stock is owned by institutional investors and hedge funds.

Rail Vision Company Profile

Rail Vision Ltd. designs, develops, assembles, and sells railway detection systems for railway operational safety, efficiency, and predictive maintenance in Israel. The company's railway detection systems include various cameras, such as optics, visible light spectrum cameras (video), and thermal cameras that transmit data to a ruggedized on-board computer that is designed to be suitable for the rough environment of a train's locomotive.