Odysight.ai (NASDAQ:ODYS) Coverage Initiated at Chardan Capital

Investment analysts at Chardan Capital assumed coverage on shares of Odysight.ai (NASDAQ:ODYS) in a research note issued to investors on Monday, Marketbeat reports. The brokerage set a “buy” rating and a $7.15 price target on the stock. Chardan Capital’s price target indicates a potential upside of 79.65% from the stock’s current price.

ODYS has been the subject of several other research reports. Weiss Ratings lowered Odysight.ai from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, July 24th. Benchmark reissued a “buy” rating on shares of Odysight.ai in a report on Wednesday, June 24th. Finally, Morgan Stanley raised Odysight.ai to an “overweight” rating in a research report on Wednesday, June 24th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $8.57.

Odysight.ai Stock Performance

Shares of ODYS stock opened at $3.98 on Monday. Odysight.ai has a 12-month low of $2.60 and a 12-month high of $11.30. The stock has a market capitalization of $66.90 million, a P/E ratio of -3.59 and a beta of -0.52. The firm’s 50 day moving average is $4.26 and its 200 day moving average is $5.08.

Odysight.ai (NASDAQ:ODYS) last announced its earnings results on Thursday, August 13th. The company reported ($0.26) earnings per share for the quarter. The company had revenue of $0.42 million for the quarter. Odysight.ai had a negative net margin of 1,669.72% and a negative return on equity of 78.20%.

About Odysight.ai

Odysight.ai, Inc engages in the development and manufacture of customized visual solutions for organizations across a variety of industries in the form of micro cameras and supplementary technologies. Its devices can used across the medical, aerospace, industrial, research, and defense industries. The company was founded on March 22, 2013 and is headquartered in Omer, Israel.