Zacks Investment Research upgraded shares of On Track Innovations Ltd. (NASDAQ:OTIV) from a hold rating to a strong-buy rating in a research report report published on Tuesday morning. They currently have $1.25 price objective on the stock.

According to Zacks, “On Track is a global leader in contactless microprocessor-based smart card systems. “

On Track Innovations (NASDAQ:OTIV) traded down 3.74% on Tuesday, hitting $1.03. The stock had a trading volume of 51,135 shares. The company’s 50 day moving average price is $0.97 and its 200-day moving average price is $1.02. On Track Innovations has a 12-month low of $0.32 and a 12-month high of $1.38. The company’s market cap is $42.13 million.

On Track Innovations Company Profile

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.

5 Day Chart for NASDAQ:OTIV

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