Rail Vision (NASDAQ:RVSN) Shares Down 2% – Here’s Why
by Teresa Graham · The Cerbat GemRail Vision Ltd. (NASDAQ:RVSN – Get Free Report) shares were down 2% on Friday . The stock traded as low as $4.71 and last traded at $4.89. Approximately 59,206 shares were traded during mid-day trading, an increase of 10% from the average daily volume of 53,700 shares. The stock had previously closed at $4.99.
Analysts Set New Price Targets
Several equities research analysts have weighed in on RVSN shares. Wall Street Zen upgraded shares of Rail Vision from a “sell” rating to a “hold” rating in a research note on Sunday, April 5th. Weiss Ratings cut shares of Rail Vision from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Rail Vision currently has a consensus rating of “Reduce”.
Get Our Latest Stock Report on RVSN
Rail Vision Price Performance
The company’s fifty day moving average is $7.42 and its 200-day moving average is $8.67. The stock has a market cap of $10.71 million, a PE ratio of -0.04 and a beta of -1.08.
Rail Vision (NASDAQ:RVSN – Get Free Report) last issued its earnings results on Tuesday, March 31st. The company reported ($1.41) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.84) by $0.43. The business had revenue of $0.63 million for the quarter, compared to analysts’ expectations of $0.20 million. Analysts expect that Rail Vision Ltd. will post -2.1 EPS for the current year.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Rail Vision stock. Jane Street Group LLC acquired a new stake in Rail Vision Ltd. (NASDAQ:RVSN – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 186,809 shares of the company’s stock, valued at approximately $61,000. Jane Street Group LLC owned approximately 8.53% of Rail Vision as of its most recent filing with the Securities and Exchange Commission (SEC). 12.11% of the stock is owned by institutional investors and hedge funds.
About Rail Vision
Rail Vision Ltd. is an Israel-based technology company specializing in vision-based safety and automation solutions for the global rail industry. Founded in 2016 and headquartered in Tel Aviv, the company develops and deploys AI-driven systems that use advanced cameras and machine learning algorithms to detect obstacles and hazards along railway tracks. Rail Vision’s flagship offering integrates trackside sensors with onboard vision systems to provide real-time alerts of objects such as vehicles, debris, animals and people, enabling operators to enhance safety and operational efficiency.
The company’s product suite comprises both stationary and mobile sensing units.