Look Past The Setbacks And Give Rail Vision Ltd (NASDAQ: RVSN) Another Chance

Rail Vision Ltd (NASDAQ:RVSN) currently has a daily average trading volume of 4.11M but it saw 29949858 shares traded in last market. With a market cap of 42.43M USD, the company’s current market price of $2.11 came falling about -14.23 while comparing to the previous closing price of $2.46. 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 $1.67 while lowest mark touched by it was $2.5.

Taking a look at 20-day trading activity of Rail Vision Ltd (RVSN) gives us an average price of $0.67, while its current price level is -90.97% below from 52-week high level whereas it is 462.67% 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 $0.56 while that of 200 days or SMA-200 reads an average of $0.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 58.85% during that period while stretching the period over a month that decreases to 24.34%. 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 80.98 which implies that the stock is in overbought territory.

Over the week, RVSN’s stock price is moving 364.96% up while it is 361.20% when we observe its performance for the past one month. Year-to-date it is 38.43% up and over the past year, the stock is showing an upside performance of 38.43%.

Currently, Rail Vision Ltd’s total number of outstanding shares is 20.11M. Company’s return on investment (ROI) stands at -336.70% and return on equity (ROE) at -201.74%. Stock’s beta reads -0.39. Stock has a price to book (P/B) ratio of 2.27 while price to sale or P/S ratio amounts to 303.09. Its return on asset (ROA) is -136.34% on average.