Y.D. More Investments Ltd Cuts Stock Holdings in Odysight.ai Inc. $ODYS

Y.D. More Investments Ltd lowered its position in shares of Odysight.ai Inc. (NASDAQ:ODYS) by 26.7% in the first quarter, Holdings Channel.com reports. The fund owned 973,543 shares of the company’s stock after selling 355,143 shares during the quarter. Y.D. More Investments Ltd owned approximately 0.06% of Odysight.ai worth $6,734,000 at the end of the most recent reporting period.

Odysight.ai Price Performance

Odysight.ai stock opened at $4.46 on Monday. The firm has a 50 day simple moving average of $4.36 and a 200-day simple moving average of $4.98. Odysight.ai Inc. has a 1-year low of $2.60 and a 1-year high of $11.30. The stock has a market cap of $74.97 million, a price-to-earnings ratio of -4.05 and a beta of -0.52.

Odysight.ai (NASDAQ:ODYS) last released its quarterly earnings results on Wednesday, May 13th. The company reported ($0.32) EPS for the quarter. Odysight.ai had a negative net margin of 1,739.44% and a negative return on equity of 66.30%. The firm had revenue of $0.08 million for the quarter.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ODYS. Benchmark reaffirmed a “buy” rating on shares of Odysight.ai in a research note on Wednesday, June 24th. Morgan Stanley raised Odysight.ai to an “overweight” rating in a research note on Wednesday, June 24th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Odysight.ai in a report on Tuesday, May 19th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $10.00.

Odysight.ai Profile

Odysight.ai, Inc engages in the development and manufacture of customized visual solutions for organizations across a variety of industries in the form of micro cameras and supplementary technologies. Its devices can used across the medical, aerospace, industrial, research, and defense industries. The company was founded on March 22, 2013 and is headquartered in Omer, Israel.