Benad Goldwasser Purchases 46,875 Shares of Odysight.ai (NASDAQ:ODYS) Stock

Odysight.ai Inc. (NASDAQ:ODYS) Director Benad Goldwasser purchased 46,875 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were bought at an average cost of $3.20 per share, for a total transaction of $150,000.00. Following the completion of the transaction, the director directly owned 121,875 shares in the company, valued at $390,000. This trade represents a 62.50% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link.

Odysight.ai Stock Performance

NASDAQ ODYS opened at $3.65 on Wednesday. The firm has a market capitalization of $73.88 million, a P/E ratio of -3.29 and a beta of -0.52. The stock has a 50-day simple moving average of $4.25 and a two-hundred day simple moving average of $4.97. Odysight.ai Inc. has a fifty-two week low of $2.60 and a fifty-two week high of $11.30.

Odysight.ai (NASDAQ:ODYS) last issued its earnings results on Thursday, August 13th. The company reported ($0.26) EPS for the quarter. The company had revenue of $0.42 million during the quarter. Odysight.ai had a negative return on equity of 78.20% and a negative net margin of 1,669.72%.

Analyst Upgrades and Downgrades

ODYS has been the topic of several recent analyst reports. Weiss Ratings lowered shares of Odysight.ai from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, July 24th. Morgan Stanley upgraded Odysight.ai to an “overweight” rating in a research report on Wednesday, June 24th. Chardan Capital initiated coverage on shares of Odysight.ai in a research note on Monday, August 17th. They issued a “buy” rating and a $7.15 price target on the stock. Finally, Benchmark reaffirmed a “buy” rating on shares of Odysight.ai in a report on Monday, August 17th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Odysight.ai currently has an average rating of “Moderate Buy” and a consensus price target of $8.57.

About Odysight.ai

Odysight.ai, Inc engages in the development and manufacture of customized visual solutions for organizations across a variety of industries in the form of micro cameras and supplementary technologies. Its devices can used across the medical, aerospace, industrial, research, and defense industries. The company was founded on March 22, 2013 and is headquartered in Omer, Israel.