On Track Innovations (OTIV) Receives Daily Media Sentiment Rating of 1.33

Press coverage about On Track Innovations (NASDAQ:OTIV) has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than 6,000 news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. On Track Innovations earned a media sentiment score of 1.33 on their scale. InfoTrie also assigned media headlines about the technology company an news buzz score of 0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the near term.

Several equities research analysts recently weighed in on the company. TheStreet raised On Track Innovations from a “d+” rating to a “c-” rating in a report on Thursday, November 8th. Zacks Investment Research raised On Track Innovations from a “hold” rating to a “strong-buy” rating and set a $0.75 price objective on the stock in a report on Wednesday, January 9th. Finally, Taglich Brothers assumed coverage on On Track Innovations in a report on Thursday, October 25th. They set a “speculative buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $1.38.

NASDAQ OTIV opened at $0.77 on Monday. On Track Innovations has a twelve month low of $0.55 and a twelve month high of $1.40. The firm has a market cap of $31.80 million, a P/E ratio of -19.25 and a beta of 1.44.

In related news, CEO Shlomi Cohen sold 54,938 shares of the firm’s stock in a transaction on Wednesday, November 21st. The stock was sold at an average price of $0.73, for a total transaction of $40,104.74. Following the sale, the chief executive officer now owns 52,984 shares of the company’s stock, valued at approximately $38,678.32. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.40% of the company’s stock.

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On Track Innovations Company Profile

On Track Innovations Ltd. designs, develops, and markets cashless payment solutions worldwide. It operates through Retail and Mass Transit Ticketing; and Petroleum segments. 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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Insider Buying and Selling by Quarter for On Track Innovations (NASDAQ:OTIV)

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