On Track Innovations (OTIV) Receiving Somewhat Favorable Media Coverage, Accern Reports

Media stories about On Track Innovations (NASDAQ:OTIV) have been trending somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. On Track Innovations earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 45.3934285366616 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

On Track Innovations (NASDAQ OTIV) traded down 0.74% during mid-day trading on Thursday, hitting $1.35. The stock had a trading volume of 76,022 shares. The company has a 50-day moving average of $1.34 and a 200-day moving average of $1.37. The firm’s market cap is $55.51 million. On Track Innovations has a 12-month low of $0.89 and a 12-month high of $2.09.

OTIV has been the subject of several research reports. ValuEngine raised On Track Innovations from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research raised On Track Innovations from a “sell” rating to a “hold” rating in a report on Wednesday, October 11th. TheStreet raised On Track Innovations from a “d” rating to a “c-” rating in a report on Wednesday, August 23rd. Northland Securities reissued a “buy” rating and issued a $2.50 target price on shares of On Track Innovations in a report on Wednesday, October 4th. Finally, Lake Street Capital initiated coverage on On Track Innovations in a report on Wednesday, July 12th. They issued a “buy” rating and a $2.25 target price for the company. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $2.38.

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On Track Innovations Company Profile

On Track Innovations Ltd. is a developer of cashless payment solutions. The Company’s segments include Retail and Mass Transit, Petroleum, Parking and Other. The Company offers solutions for banking, mobile network operators, vending, mass transit, petroleum and parking. The Company provides its customers with training and installation support, customer service and technical support.

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