Rail Vision Ltd (NASDAQ: RVSN) Continues To Decline

Rail Vision Ltd (NASDAQ:RVSN) price closed lower on Monday, April 15, dropping -13.08% below its previous close.

A look at the daily price movement shows that the last close reads $1.30. The company’s 5Y monthly beta was ticking 1.24. Taking into account the 52-week price action we note that the stock hit a 52-week high of $23.37 and 52-week low of $1.01. The stock subtracted -59.79% on its value in the past month.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give RVSN a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Sell.

The overview shows that RVSN’s price is at present -43.93% off the SMA20 and -73.06% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 28.24, with weekly volatility standing at 19.54%. The indicator jumps to 14.75% when calculated based on the past 30 days. Rail Vision Ltd (NASDAQ:RVSN)’s beta value is holding at 1.49, while the average true range (ATR) indicator is currently reading 0.47.

An analysis of the Rail Vision Ltd (NASDAQ:RVSN) stock in terms of its daily trading volume indicates that the 3-month average is 8.89 million.

Current records show that the company has 3.00M in outstanding shares. The insiders’ percentage holdings are 38.82% of outstanding shares while the percentage share held by institutions stands at 1.45%. But the -25.86% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.

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