The trading price of Rail Vision Ltd (NASDAQ:RVSN) floating higher at last check on current market day and closing at $0.61, 16.00% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $0.5101 and $0.6439. In examining the 52-week price action we see that the stock hit a 52-week high of $23.37 and a 52-week low of $0.38. Over the past month, the stock has gained 42.29% in value.
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Rail Vision Ltd, whose market valuation is $10.04 million at the time of this writing, is expected to release its quarterly earnings report on 2023-Nov-24. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and -2.61 for next year.
From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 142k.
On the technical side, indicators suggest RVSN has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned RVSN a recommendation rating is 1. Out of them, 0 rate it a Hold, while 1 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Rail Vision Ltd (RVSN) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that RVSN’s price is currently 27.19% off the SMA20 and 13.57% off the SMA50. The RSI metric on the 14-day chart is currently showing 62.99, and weekly volatility stands at 9.16%. When measured over the past 30 days, the indicator reaches 9.77%. Rail Vision Ltd (NASDAQ:RVSN)’s beta value is currently sitting at 1.28, while the Average True Range indicator is currently displaying 0.06.
To see how Rail Vision Ltd stock has been performing today in comparison to its peers in the industry, here are the numbers: RVSN stock’s performance was 16.00% at last check in today’s session, and -86.10% in the past year.
An evaluation of the daily trading volume of Rail Vision Ltd (NASDAQ:RVSN) indicates that the 3-month average is 466.29K. However, this figure has increased over the past 10 days to an average of 0.48.
Currently, records show that 16.48 million of the company’s shares remain outstanding. The insiders hold 11.38% of outstanding shares, whereas institutions hold 2.62%. The stats also highlight that short interest as of 2024-09-13, stood at 0.76 million shares, resulting in a short ratio of 1.69 at that time. From this, we can conclude that short interest is 400.00 of the company’s total outstanding shares. It is noteworthy that short shares in September were up slightly from the previous month’s figure, which was 0.43 million. However, since the stock’s price has seen -60.04% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
