Rail Vision (NASDAQ:RVSN) Trading 3% Higher

Rail Vision Ltd. (NASDAQ:RVSN) traded up 3% on Tuesday . The company traded as high as 0.54 and last traded at 0.54. 17,200 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 103,010 shares. The stock had previously closed at 0.52.

Rail Vision Stock Up 3.0 %

The stock has a market capitalization of $10.73 million, a price-to-earnings ratio of -0.81 and a beta of 0.42. The company’s 50-day simple moving average is 0.50 and its 200 day simple moving average is 0.82.

Rail Vision (NASDAQ:RVSN) last posted its earnings results on Friday, August 18th. The company reported -0.16 EPS for the quarter, topping the consensus estimate of -0.17 by 0.01.

Institutional Investors Weigh In On Rail Vision

A hedge fund recently bought a new stake in Rail Vision stock. Citadel Advisors LLC purchased a new position in Rail Vision Ltd. (NASDAQ:RVSN) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 84,367 shares of the company’s stock, valued at approximately $43,000. Citadel Advisors LLC owned approximately 0.42% of Rail Vision as of its most recent SEC filing. Institutional investors own 11.74% of the company’s stock.

About Rail Vision

Rail Vision Ltd. designs, develops, assembles, and sells railway detection systems for railway operational safety, efficiency, and predictive maintenance in Israel. The company's railway detection systems include various cameras, such as optics, visible light spectrum cameras (video), and thermal cameras that transmit data to a ruggedized on-board computer that is designed to be suitable for the rough environment of a train's locomotive.