On Track Innovations LTD (NASDAQ:OTIV) Quarterly Sentiment Report

On Track Innovations Ltd. (NASDAQ:OTIV) Logo

Sentiment for On Track Innovations LTD (NASDAQ:OTIV)

On Track Innovations LTD (NASDAQ:OTIV) institutional sentiment decreased to 2 in Q3 2018. Its down -1.00, from 3 in 2018Q2. The ratio dived, as 8 active investment managers increased and opened new positions, while 4 sold and decreased their stakes in On Track Innovations LTD. The active investment managers in our partner’s database now have: 1.98 million shares, up from 1.21 million shares in 2018Q2. Also, the number of active investment managers holding On Track Innovations LTD in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 1 Increased: 4 New Position: 4.

On Track Innovations Ltd. designs, develops, and markets cashless payment solutions. The company has market cap of $32.12 million. The firm operates in three divisions: Retail and Mass Transit, Petroleum, and Parking. It currently has negative earnings. The Company’s products include PayCapsule, an Internet of Things contactless payment device; PayCapsule-Flex, a payenable solution for wearables and flexible products; TRIO mobile point of sale and PIN card readers, which allow merchants to accept EMV chip and magnetic stripe payments with PIN transaction security; and Pico BT, a Bluetooth enabled swipe and chip handheld reader for mPOS.

The stock decreased 2.76% or $0.0221 during the last trading session, reaching $0.7779. About 114,752 shares traded or 18.55% up from the average. On Track Innovations Ltd. (NASDAQ:OTIV) has declined 25.33% since January 14, 2018 and is downtrending. It has underperformed by 25.33% the S&P500.

Analysts await On Track Innovations Ltd. (NASDAQ:OTIV) to report earnings on March, 20. They expect $-0.01 EPS, 0.00 % or $0.00 from last year’s $-0.01 per share.

G2 Investment Partners Management Llc holds 0.37% of its portfolio in On Track Innovations Ltd. for 1.03 million shares. Essex Investment Management Co Llc owns 183,024 shares or 0.02% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 5,000 shares. The California-based California Public Employees Retirement System has invested 0% in the stock. Citadel Advisors Llc, a Illinois-based fund reported 94,391 shares.

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