Rail Vision Ltd (NASDAQ: RVSN) – Time For Strategy Change?

Rail Vision Ltd (NASDAQ:RVSN) currently has a daily average trading volume of 688.23K but it saw 1468032 shares traded in last market. With a market cap of 8.08M USD, the company’s current market price of $0.49 came rising about 24.11 while comparing to the previous closing price of $0.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $23.37 and as low as $0.38. In the recent trading on the day, stock has struck highest price mark of $0.392 while lowest mark touched by it was $0.4969.

Taking a look at 20-day trading activity of Rail Vision Ltd (RVSN) gives us an average price of $0.4426, while its current price level is -97.90% below from 52-week high level whereas it is 30.67% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.5780 while that of 200 days or SMA-200 reads an average of $2.0593. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.94% during that period while stretching the period over a month that decreases to 9.41%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.13 which implies that the stock is in neutral territory.

Over the week, RVSN’s stock price is moving 12.98% up while it is -16.95% when we observe its performance for the past one month. Year-to-date it is -67.85% down and over the past year, the stock is showing a downside performance of -87.09%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -1.36 beat the consensus estimate of -1.84 for the same. The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Rail Vision Ltd’s total number of outstanding shares is 16.48M. Company’s return on investment (ROI) stands at -336.70% and return on equity (ROE) at -201.74%. It has a 0.79 of forward P/E ratio. Stock’s beta reads 1.24. Stock has a price to book (P/B) ratio of 0.53 while price to sale or P/S ratio amounts to 57.68. Its return on asset (ROA) is -136.34% on average.