On Track Innovations LTD’s (NASDAQ:OTIV) Sentiment is 3

September 16, 2018 - By Frank Plummer

On Track Innovations Ltd. (NASDAQ:OTIV) Logo

Sentiment for On Track Innovations LTD (NASDAQ:OTIV)

On Track Innovations LTD (NASDAQ:OTIV) institutional sentiment increased to 3 in 2018 Q2. Its up 2.37, from 0.63 in 2018Q1. The ratio has improved, as 6 hedge funds opened new or increased stock positions, while 2 reduced and sold stakes in On Track Innovations LTD. The hedge funds in our partner’s database now have: 1.21 million shares, up from 827,821 shares in 2018Q1. Also, the number of hedge funds holding On Track Innovations LTD in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 0 Increased: 2 New Position: 4.

On Track Innovations Ltd. designs, develops, and markets cashless payment solutions. The company has market cap of $40.05 million. The firm operates in three divisions: Retail and Mass Transit, Petroleum, and Parking. It currently has negative earnings. The Company’s products include PayCapsule, an Internet of Things contactless payment device; PayCapsule-Flex, a payenable solution for wearables and flexible products; TRIO mobile point of sale and PIN card readers, which allow merchants to accept EMV chip and magnetic stripe payments with PIN transaction security; and Pico BT, a Bluetooth enabled swipe and chip handheld reader for mPOS.

The stock increased 2.92% or $0.0275 during the last trading session, reaching $0.9699. About 39,322 shares traded. On Track Innovations Ltd. (NASDAQ:OTIV) has declined 22.22% since September 16, 2017 and is downtrending. It has underperformed by 37.84% the S&P500.

Analysts await On Track Innovations Ltd. (NASDAQ:OTIV) to report earnings on November, 14. They expect $-0.01 EPS, 0.00 % or $0.00 from last year’s $-0.01 per share. After $-0.01 actual EPS reported by On Track Innovations Ltd. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

G2 Investment Partners Management Llc holds 0.25% of its portfolio in On Track Innovations Ltd. for 643,557 shares. Essex Investment Management Co Llc owns 183,024 shares or 0.03% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 5,000 shares. The California-based California Public Employees Retirement System has invested 0% in the stock. Creative Planning, a Kansas-based fund reported 20,100 shares.

Another recent and important On Track Innovations Ltd. (NASDAQ:OTIV) news was published by Streetinsider.com which published an article titled: “On Track Innovations (OTIV) Secures MIR Certification for Russian Market” on August 22, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.