On Track Innovations Director Acquires $45,800 in Stock (OTIV)
On Track Innovations (NASDAQ:OTIV) Director Alfred John Jr. Knapp purchased 20,000 shares of On Track Innovations stock in a transaction dated Monday, August 25th. The stock was purchased at an average price of $2.29 per share, for a total transaction of $45,800.00. Following the completion of the transaction, the director now directly owns 110,700 shares in the company, valued at approximately $253,503. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of On Track Innovations (NASDAQ:OTIV) remained flat at $2.31 during during mid-day trading trading on Wednesday. 92,933 shares of the company’s stock traded hands. On Track Innovations has a 1-year low of $1.43 and a 1-year high of $4.38. The stock has a 50-day moving average of $2.22 and a 200-day moving average of $2.50. The company’s market cap is $76.7 million.
On Track Innovations (NASDAQ:OTIV) last announced its earnings results on Thursday, August 14th. The company reported ($0.07) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.07). The company had revenue of $7.20 million for the quarter, compared to the consensus estimate of $6.02 million. On average, analysts predict that On Track Innovations will post $-0.28 earnings per share for the current fiscal year.
On Track Innovations Ltd. (NASDAQ:OTIV) designs, develops and markets secure contactless microprocessor-based smart card technology.
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