Maximum Price Target Potential: Analysts consensus thoughts about ON TRACK INNOVATIONS LTD (OTIV) stock Price value to reach at $2.00 in next 12-month period
December 28, 2016 Robert Ebelling
On Track Innovations Ltd (NASDAQ:OTIV)
Analysts are estimating that On Track Innovations Ltd (OTIV) to hit $1.90 Price Target in next one year, this mean price is come up through the consensus of analysts. The Median price target for the stock is set at $2.00. Highest potential price target is expected at $2.00 however minimum price target advised by analysts is $1.70. A price target is the projected price level of a financial security stated by an investment analyst or advisor. It represents a security’s price that, if achieved, results in a trader recognizing the best possible outcome for his investment. Essentially, a price target is an individual analyst’s expectation on the future price of a security, usually a stock. There may be many price targets for a single security. An influential analyst on Wall Street may give a stock that is currently trading at $60 a one-year price target of $90; however, there is no concrete way to calculate a price target. Different analysts and financial institutions use various valuation methods and take into account different economic forces when deciding on a price target.
On Track Innovations Ltd.’s (OTIV)
On Track Innovations Ltd.’s (OTIV)’s Stock Price Trading Update:
On Track Innovations Ltd.’s (OTIV) ended its day with a gain of 7.33% and finalized at the price of $1.61. During its last trading session, Stock traded with the total exchanged volume of 1.09 million shares. The average volume stands around 0.16 million shares. The average numbers of shares are traded in a security per day, during the recent 3-month period. The stock has relative volume of 6.62. Relative volume is ratio between current volume and 3-month average value, intraday adjusted. On Track Innovations Ltd.’s (OTIV) is a part of Consumer Goods sector and belongs to Business Equipment industry.
Moving Averages:
Israel based company, On Track Innovations Ltd.’s (OTIV)’s latest closing price distance was 55.70% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 47.89% and 34.22% compared with the 20 Day Moving Average.
Analysts Mean Rating:
Analysts’ mean recommendation for On Track Innovations Ltd.’s (OTIV) stands at 2.00. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal.
