On Track Innovations LTD (NASDAQ:OTIV) Sentiment Worsened, Because

December 8, 2017 - By Adrian Mccoy

 On Track Innovations LTD (NASDAQ:OTIV) Sentiment  Worsened,  Because

Sentiment for On Track Innovations LTD (NASDAQ:OTIV)

On Track Innovations LTD (NASDAQ:OTIV) institutional sentiment decreased to 0.57 in Q2 2017. Its down -2.76, from 3.33 in 2017Q1. The ratio has dropped, as 4 investment managers started new or increased positions, while 7 reduced and sold equity positions in On Track Innovations LTD. The investment managers in our partner’s database now have: 2.36 million shares, down from 4.28 million shares in 2017Q1. Also, the number of investment managers holding On Track Innovations LTD in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 4 Increased: 1 New Position: 3.

On Track Innovations Ltd. designs, develops, and markets cashless payment solutions. The company has market cap of $44.01 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 0.94% or $0.01 during the last trading session, reaching $1.07. About 65,326 shares traded. On Track Innovations Ltd. (NASDAQ:OTIV) has risen 53.41% since December 8, 2016 and is uptrending. It has outperformed by 36.71% the S&P500.

Analysts await On Track Innovations Ltd. (NASDAQ:OTIV) to report earnings on March, 28. They expect $-0.01 EPS, up 66.67 % or $0.02 from last year’s $-0.03 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.

Sarbit Advisory Services Inc. holds 0.53% of its portfolio in On Track Innovations Ltd. for 1.31 million shares. California Public Employees Retirement System owns 37,200 shares or 0% of their US portfolio. Moreover, Commonwealth Equity Services Inc has 0% invested in the company for 42,748 shares. The Germany-based Deutsche Bank Ag has invested 0% in the stock. Geode Capital Management Llc, a Massachusetts-based fund reported 22,179 shares.#img1#

Since January 1, 0001, it had 1 buying transaction, and 0 insider sales for $12,650 activity.

On Track Innovations Ltd. (NASDAQ:OTIV) Ratings Coverage

Ratings analysis reveals 100% of On Track Innovations’s analysts are positive. Out of 2 Wall Street analysts rating On Track Innovations, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $1.25 while the high is $3. The stock’s average target of $2 is 86.92% above today’s ($1.07) share price. OTIV was included in 7 notes of analysts from August 11, 2015. The rating was upgraded by Zacks on Thursday, August 13 to “Hold”. The firm earned “Buy” rating on Thursday, August 10 by Northland Capital. Northland Capital maintained On Track Innovations Ltd. (NASDAQ:OTIV) on Tuesday, August 11 with “Outperform” rating. The firm has “Buy” rating by Zacks given on Tuesday, September 1. The stock has “Buy” rating by Northland Capital on Wednesday, July 19. Northland Capital maintained the shares of OTIV in report on Wednesday, October 4 with “Buy” rating.

More important recent On Track Innovations Ltd. (NASDAQ:OTIV) news were published by: Streetinsider.com which released: “On Track Innovations (OTIV) Confirms Patent Win Against T-Mobile” on March 26, 2015, also Marketwatch.com published article titled: “On Track Innovations Ltd.”, Seekingalpha.com published: “On Track Innovations’ (OTIV) CEO Shlomi Cohen on Q3 2017 Results – Earnings …” on November 08, 2017. More interesting news about On Track Innovations Ltd. (NASDAQ:OTIV) was released by: Globenewswire.com and their article: “OTI PetroSmart Signs Global Supply Agreement with Dover Fueling Solutions …” with publication date: April 24, 2017.

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