Rail Vision (NASDAQ:RVSN) Shares Down 8.8% – Here’s Why

Shares of Rail Vision Ltd. (NASDAQ:RVSN) dropped 8.8% during trading on Friday . The stock traded as low as $0.3403 and last traded at $0.3414. Approximately 466,994 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 708,552 shares. The stock had previously closed at $0.3742.

Analyst Ratings Changes

Several research firms have issued reports on RVSN. Weiss Ratings reiterated a “sell (e+)” rating on shares of Rail Vision in a research note on Monday, December 22nd. Wall Street Zen upgraded shares of Rail Vision to a “hold” rating in a research report on Friday, October 3rd. Finally, Zacks Research upgraded shares of Rail Vision to a “hold” rating in a research report on Wednesday, December 3rd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Reduce”.

Rail Vision Price Performance

The stock has a 50 day moving average price of $0.39 and a two-hundred day moving average price of $0.40. The company has a market capitalization of $20.36 million, a price-to-earnings ratio of -0.07 and a beta of -1.24.

About Rail Vision

Rail Vision Ltd. is an Israel-based technology company specializing in vision-based safety and automation solutions for the global rail industry. Founded in 2016 and headquartered in Tel Aviv, the company develops and deploys AI-driven systems that use advanced cameras and machine learning algorithms to detect obstacles and hazards along railway tracks. Rail Vision’s flagship offering integrates trackside sensors with onboard vision systems to provide real-time alerts of objects such as vehicles, debris, animals and people, enabling operators to enhance safety and operational efficiency.

The company’s product suite comprises both stationary and mobile sensing units.