Media stories about On Track Innovations (NASDAQ:OTIV) have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than 6,000 blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. On Track Innovations earned a news sentiment score of -1.87 on their scale. InfoTrie also assigned media headlines about the technology company an news buzz score of 0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the next few days.
Separately, Zacks Investment Research raised shares of On Track Innovations from a “sell” rating to a “hold” rating in a research note on Tuesday, June 18th.
NASDAQ:OTIV opened at $0.35 on Wednesday. The firm’s fifty day moving average price is $0.42. On Track Innovations has a 52 week low of $0.33 and a 52 week high of $1.14. The company has a market cap of $14.87 million, a price-to-earnings ratio of -7.00 and a beta of 1.21.
On Track Innovations (NASDAQ:OTIV) last posted its quarterly earnings results on Tuesday, May 7th. The technology company reported ($0.04) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.01). The firm had revenue of $3.01 million for the quarter, compared to the consensus estimate of $4.43 million. On Track Innovations had a negative net margin of 8.31% and a negative return on equity of 24.36%. On average, analysts expect that On Track Innovations will post -0.02 EPS for the current fiscal year.
About On Track Innovations
On Track Innovations Ltd. designs, develops, and markets cashless payment solutions worldwide. It operates in two segments, Retail and Mass Transit Ticketing; and Petroleum. 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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