Rail Vision (NASDAQ:RVSN) Shares Down 1.8% – Here’s What Happened

Rail Vision Ltd. (NASDAQ:RVSN) shares were down 1.8% on Tuesday. The stock traded as low as $3.49 and last traded at $3.6120. Approximately 25,347 shares changed hands during mid-day trading, an increase of 53% from the average daily volume of 16,529 shares. The stock had previously closed at $3.68.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Rail Vision in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Rail Vision Stock Performance

The company has a market capitalization of $7.75 million, a price-to-earnings ratio of -0.13 and a beta of -1.10. The company has a 50-day moving average price of $4.24 and a 200-day moving average price of $5.41.

Rail Vision (NASDAQ:RVSN) last issued its quarterly earnings data on Wednesday, August 26th. The company reported ($1.65) EPS for the quarter. The company had revenue of $0.51 million during the quarter.

Rail Vision Company Profile

Rail Vision Ltd. is an Israel-based technology company that develops artificial intelligence and computer-vision solutions for the railway industry. Its systems are designed to improve railway safety and operational efficiency by helping detect and classify objects, obstacles and potential hazards on or near tracks in real time.

The company’s products combine electro-optical sensors, imaging technology and machine-learning software for applications including mainline railways, shunting yards and other rail environments.