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

Rail Vision Ltd (NASDAQ:RVSN) currently has a daily average trading volume of 7.36M but it saw 1973908 shares traded in last market. With a market cap of 13.11M USD, the company’s current market price of $0.65 came falling about -3.45 while comparing to the previous closing price of $0.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.99 and as low as $0.38. In the recent trading on the day, stock has struck highest price mark of $0.64 while lowest mark touched by it was $0.698.

Taking a look at 20-day trading activity of Rail Vision Ltd (RVSN) gives us an average price of $0.8129, while its current price level is -94.07% below from 52-week high level whereas it is 73.87% 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 $0.8898 while that of 200 days or SMA-200 reads an average of $0.7307. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.00% during that period while stretching the period over a month that decreases to 16.22%. 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 40.60 which implies that the stock is in neutral territory.

Over the week, RVSN’s stock price is moving -0.78% down while it is -60.72% when we observe its performance for the past one month. Year-to-date it is -69.10% down and over the past year, the stock is showing a downside performance of -93.81%.

Currently, Rail Vision Ltd’s total number of outstanding shares is 20.11M with 7.39% of that held by the insiders while 4.38% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -336.70% and return on equity (ROE) at -201.74%. Stock’s beta reads -0.46. Stock has a price to book (P/B) ratio of 0.70 while price to sale or P/S ratio amounts to 93.66. Its return on asset (ROA) is -136.34% on average.