Odysight.ai (NASDAQ:ODYS) Stock Price Up 2.6% – Should You Buy?

Odysight.ai Inc. (NASDAQ:ODYS) shares shot up 2.6% during mid-day trading on Monday . The stock traded as high as $4.37 and last traded at $4.33. 53,503 shares traded hands during mid-day trading, an increase of 137% from the average daily volume of 22,579 shares. The stock had previously closed at $4.22.

Wall Street Analyst Weigh In

ODYS has been the subject of several recent research reports. Benchmark reissued a “buy” rating on shares of Odysight.ai in a research note on Wednesday, June 24th. Weiss Ratings lowered shares of Odysight.ai from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, July 24th. Finally, Morgan Stanley raised Odysight.ai to an “overweight” rating in a report on Wednesday, June 24th. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Odysight.ai has a consensus rating of “Hold” and a consensus target price of $10.00.

Odysight.ai Trading Up 1.8%

The stock has a 50-day moving average of $4.28 and a two-hundred day moving average of $5.11. The firm has a market cap of $74.47 million, a price-to-earnings ratio of -4.03 and a beta of -0.52.

Odysight.ai (NASDAQ:ODYS) last posted its quarterly earnings data on Wednesday, May 13th. The company reported ($0.32) earnings per share (EPS) for the quarter. Odysight.ai had a negative return on equity of 66.30% and a negative net margin of 1,739.44%.The company had revenue of $0.08 million for the quarter.

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.