Rail Vision (NASDAQ:RVSN) Trading Down 4.9% – Here’s What Happened

Rail Vision Ltd. (NASDAQ:RVSN)’s share price fell 4.9% during mid-day trading on Tuesday . The stock traded as low as $0.3551 and last traded at $0.3612. 747,571 shares were traded during mid-day trading, a decline of 74% from the average session volume of 2,843,512 shares. The stock had previously closed at $0.38.

Wall Street Analyst Weigh In

A number of research analysts recently commented on RVSN shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Rail Vision in a research report on Monday. Wall Street Zen upgraded shares of Rail Vision to a “hold” rating in a research note on Friday, October 3rd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Rail Vision Price Performance

The business’s 50-day moving average price is $0.45 and its 200-day moving average price is $0.40. The firm has a market capitalization of $21.54 million, a PE ratio of -0.07 and a beta of -1.29.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Rail Vision stock. Virtu Financial LLC purchased a new stake in Rail Vision Ltd. (NASDAQ:RVSN) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 75,073 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned 0.14% of Rail Vision as of its most recent SEC filing. 12.11% of the stock is owned by institutional investors.

Rail Vision Company Profile

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.