On Track Innovations Ltd. (OTIV) Director William Carl Anderson III Buys 20,000 Shares
On Track Innovations Ltd. (NASDAQ:OTIV) Director William Carl Anderson III bought 20,000 shares of the stock in a transaction on Wednesday, November 23rd. The stock was purchased at an average cost of $1.22 per share, with a total value of $24,400.00. Following the purchase, the director now directly owns 40,018 shares of the company’s stock, valued at approximately $48,821.96. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of On Track Innovations Ltd. (NASDAQ:OTIV) opened at 1.25 on Tuesday. On Track Innovations Ltd. has a 52 week low of $0.32 and a 52 week high of $1.38. The company’s market cap is $51.18 million. The firm has a 50-day moving average of $1.01 and a 200 day moving average of $1.04.
Separately, Zacks Investment Research raised shares of On Track Innovations from a “hold” rating to a “buy” rating and set a $1.50 target price for the company in a research note on Tuesday, August 16th.
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.
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