Rail Vision (NASDAQ:RVSN) Trading Up 6.8%

Rail Vision Ltd. (NASDAQ:RVSN)’s stock price shot up 6.8% during trading on Thursday . The stock traded as high as 1.13 and last traded at 1.10. 1,244,900 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 7,451,753 shares. The stock had previously closed at 1.03.

Rail Vision Price Performance

The company has a market capitalization of $17.15 million, a PE ratio of -0.23 and a beta of 0.01. The firm has a 50-day simple moving average of 2.78 and a 200 day simple moving average of 3.21.

Institutional Trading of Rail Vision

Hedge funds and other institutional investors have recently modified their holdings of the business. RIA Advisory Group LLC purchased a new stake in shares of Rail Vision during the fourth quarter worth about $35,000. Citadel Advisors LLC purchased a new stake in shares of Rail Vision during the second quarter worth about $43,000. Finally, Walleye Capital LLC purchased a new stake in shares of Rail Vision during the second quarter worth about $195,000. 12.11% of the stock is owned by hedge funds and other institutional investors.

Rail Vision Company Profile

Rail Vision Ltd. designs, develops, assembles, and sells railway detection systems for railway operational safety, efficiency, and predictive maintenance in Israel. The company's railway detection systems include various cameras, such as optics, visible light spectrum cameras (video), and thermal cameras that transmit data to a ruggedized on-board computer that is designed to be suitable for the rough environment of a train's locomotive.