On Track Innovations Ltd (USA) (NASDAQ:OTIV) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 11, 2016
Zacks Investment Research has downgraded On Track Innovations Ltd (USA) (NASDAQ:OTIV) to Hold in a statement released on Wednesday October 12, 2016.
On 8/16/2016, Zacks Investment Research released a statement on On Track Innovations Ltd (USA) (NASDAQ:OTIV) upped the target price from $0.00 to $1.50 that suggested an upside of 0.24%.
Having a price of $0.94, On Track Innovations Ltd (USA) (NASDAQ:OTIV) traded 0.00% even on the day. With the last close down -7.64% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. On Track Innovations Ltd (USA) has recorded a 50-day average of $1.02 and a two hundred day average of $1.02. Volume of trade was down over the average, with 0 shares of OTIV changing hands under the typical 88,468
With a total market value of $0, On Track Innovations Ltd (USA) has with a one year low of $0.32 and a one year high of $1.38 .
More About On Track Innovations Ltd (USA) (NASDAQ:OTIV)
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. Its PayEnable technology can be implemented into a range of products. Its Retail and Mass Transit products include TRIO mPOS, Pico BT, WAVE, WAVE PKI, oti SATURN 6700 UNO, oti SATURN 6500 TRIO and oti SCI 6000. It also offers otiMetry and oti CONNECT 3000. Its EasyFuel Plus solution is a wireless, cashless, cardless and paperless refueling tracking and payment solution. Its EasyPark set of parking solutions provides parking fee collection, parking payment enforcement and parking management solution. Its MediSmart solution is an information management and claims submission system for the medical sector.
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