On Track Innovations LTD (NASDAQ:OTIV) Institutional Investors Sentiment Crashes in 2018 Q1

June 23, 2018 - By Darrin Black

On Track Innovations Ltd. (NASDAQ:OTIV) Logo

Sentiment for On Track Innovations LTD (NASDAQ:OTIV)

On Track Innovations LTD (NASDAQ:OTIV) institutional sentiment decreased to 0.63 in Q1 2018. Its down -0.25, from 0.88 in 2017Q4. The ratio has dropped, as 5 investment managers opened new or increased equity positions, while 8 decreased and sold positions in On Track Innovations LTD. The investment managers in our partner’s database now own: 827,821 shares, down from 1.99 million shares in 2017Q4. Also, the number of investment managers holding On Track Innovations LTD in their top 10 equity positions decreased from 1 to 0 for a decrease of 1. Sold All: 6 Reduced: 2 Increased: 0 New Position: 5.

On Track Innovations Ltd. designs, develops, and markets cashless payment solutions. The company has market cap of $45.70 million. The firm operates in three divisions: Retail and Mass Transit, Petroleum, and Parking. It currently has negative earnings. The Company’s products include PayCapsule, an Internet of Things contactless payment device; PayCapsule-Flex, a payenable solution for wearables and flexible products; TRIO mobile point of sale and PIN card readers, which allow merchants to accept EMV chip and magnetic stripe payments with PIN transaction security; and Pico BT, a Bluetooth enabled swipe and chip handheld reader for mPOS.

The stock decreased 2.63% or $0.03 during the last trading session, reaching $1.11. About 103,940 shares traded. On Track Innovations Ltd. (NASDAQ:OTIV) has risen 1.54% since June 23, 2017 and is uptrending. It has underperformed by 11.03% the S&P500.

Analysts await On Track Innovations Ltd. (NASDAQ:OTIV) to report earnings on August, 8. After $-0.01 actual earnings per share reported by On Track Innovations Ltd. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Sarbit Advisory Services Inc. holds 0.14% of its portfolio in On Track Innovations Ltd. for 520,327 shares. G2 Investment Partners Management Llc owns 107,928 shares or 0.04% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 5,000 shares. The California-based California Public Employees Retirement System has invested 0% in the stock. Creative Planning, a Kansas-based fund reported 20,100 shares.

More notable recent On Track Innovations Ltd. (NASDAQ:OTIV) news were published by: Prnewswire.com which released: “Blockchain’s Influence on Digital Payments” on May 30, 2018, also Prnewswire.com with their article: “Technology in the Blockchain Market is Expected to Grow” published on June 05, 2018, Seekingalpha.com published: “On Track Innovations signs long-term service contract with Mazowieckie Railways” on June 06, 2018. More interesting news about On Track Innovations Ltd. (NASDAQ:OTIV) were released by: Seekingalpha.com and their article: “On Track Innovations secures new ticketing contract in Poland” published on May 29, 2018 as well as Streetinsider.com‘s news article titled: “On Track Innovations (OTIV) Announces New Long-Term Service Contract With Mazowieckie Railways” with publication date: June 06, 2018.

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