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

Chardan Capital began coverage on shares of Odysight.ai (NASDAQ:ODYS) in a research note released on Monday, MarketBeat reports. The firm issued a buy rating and a $7.15 target price on the stock.

Other equities research analysts also recently issued research reports about the stock. Morgan Stanley raised shares of Odysight.ai to an “overweight” rating in a research note on Wednesday, June 24th. Benchmark reissued a “buy” rating on shares of Odysight.ai in a research report on Wednesday, June 24th. Finally, Weiss Ratings downgraded Odysight.ai from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, July 24th. Three research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $8.57.

Odysight.ai Stock Down 7.9%

Shares of NASDAQ:ODYS opened at $3.63 on Monday. The company has a market capitalization of $61.02 million, a price-to-earnings ratio of -3.27 and a beta of -0.52. The company has a 50 day moving average of $4.27 and a two-hundred day moving average of $5.04. Odysight.ai has a 52-week low of $2.60 and a 52-week high of $11.30.

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

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.