On Track Innovations Ltd. to Post Q4 2016 Earnings of $0.00 Per Share, Feltl & Co. Forecasts (OTIV)
On Track Innovations Ltd. (NASDAQ:OTIV) – Feltl & Co. lifted their Q4 2016 EPS estimates for On Track Innovations in a research report issued on Thursday. Feltl & Co. analyst J. Elving now anticipates that the firm will earn $0.00 per share for the quarter, up from their previous estimate of ($0.01). Feltl & Co. also issued estimates for On Track Innovations’ Q1 2017 earnings at $0.00 EPS, Q4 2017 earnings at $0.01 EPS and FY2017 earnings at $0.01 EPS.
Separately, Zacks Investment Research raised On Track Innovations from a “hold” rating to a “buy” rating and set a $1.50 price target on the stock in a research note on Tuesday, August 16th.
On Track Innovations (NASDAQ:OTIV) opened at 1.02 on Monday. On Track Innovations has a 52-week low of $0.32 and a 52-week high of $1.38. The company’s market cap is $41.72 million. The stock’s 50 day moving average price is $0.97 and its 200-day moving average price is $1.02.
About On Track Innovations
On Track Innovations Ltd. is a developer of cashless payment solutions. The Company’s segments include Retail and Mass Transit, Petroleum, Parking and Other. The Company offers solutions for banking, mobile network operators, vending, mass transit, petroleum and parking. The Company provides its customers with training and installation support, customer service and technical support.
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