Rail Vision Ltd (NASDAQ:RVSN) price closed higher on Friday, December 20, and jumping 19.29% above its previous close.
A look at the daily price movement shows that the last close reads $0.42, with intraday deals fluctuated between $0.4201 and $0.7798. The company’s 5Y monthly beta was ticking 1.318. Taking into account the 52-week price action we note that the stock hit a 52-week high of $23.37 and 52-week low of $0.38. The stock added 15.56% on its value in the past month.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Rail Vision Ltd, which has a market valuation of $10.05 million, is expected to release its quarterly earnings report in January.
Staying with the analyst view, there is a consensus estimate of 2.01M for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow 1,316.20% above that which the company brought in the current year earning report.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give RVSN a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned RVSN a recommendation rating as follows: 0 rate it as a Hold; 1 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Rail Vision Ltd (RVSN) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that RVSN’s price is at present 14.46% off the SMA20 and 8.22% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 61.78, with weekly volatility standing at 24.24%. The indicator jumps to 11.49% when calculated based on the past 30 days. Rail Vision Ltd (NASDAQ:RVSN)’s beta value is holding at 1.26, while the average true range (ATR) indicator is currently reading 0.06.
An analysis of the Rail Vision Ltd (NASDAQ:RVSN) stock in terms of its daily trading volume indicates that the 3-month average is 441.22K. However, this figure increases on the past 10-day timeline to an average of 2.07 million.
Current records show that the company has 20.11M in outstanding shares. The insiders’ percentage holdings are 7.39% of outstanding shares while the percentage share held by institutions stands at 5.13%. The stats also highlight that short interest as of 2024-11-29, stood at 49256.0 shares, which puts the short ratio at the time at 0.11. From this we can glean that short interest is 26.00 of company’s current outstanding shares. Notably, we see that shares short in November fall slightly given the previous month’s figure stood at 0.37 million. But the -67.22% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.