On Track Innovations Ltd (NASDAQ:OTIV) has been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation. On Track Innovations’ rating score has improved by 33.3% in the last three months as a result of a number of analysts’ ratings changes.

Brokerages have set a 1 year consensus target price of $2.00 for the company, according to Zacks. Zacks has also given On Track Innovations an industry rank of 103 out of 256 based on the ratings given to its competitors.

Separately, Zacks Investment Research raised shares of On Track Innovations from a “sell” rating to a “hold” rating in a research report on Tuesday, June 18th.

OTIV traded down $0.02 during midday trading on Friday, hitting $0.30. The company had a trading volume of 10,900 shares, compared to its average volume of 57,327. On Track Innovations has a 52 week low of $0.30 and a 52 week high of $1.08. The company has a market capitalization of $12.39 million, a price-to-earnings ratio of -6.00 and a beta of 1.21. The stock’s 50 day moving average price is $0.40 and its 200 day moving average price is $0.57.

On Track Innovations (NASDAQ:OTIV) last posted its earnings results on Wednesday, August 7th. The technology company reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The business had revenue of $4.12 million for the quarter, compared to the consensus estimate of $5.20 million. On Track Innovations had a negative return on equity of 31.14% and a negative net margin of 12.66%. Sell-side analysts forecast that On Track Innovations will post -0.02 EPS for the current fiscal year.

On Track Innovations Company Profile

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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