Vislink Technologies (NASDAQ:VISL) Shares Down 6.8%

Vislink Technologies Inc (NASDAQ:VISL) shares fell 6.8% during trading on Tuesday . The stock traded as low as $0.23 and last traded at $0.24, 579,184 shares traded hands during mid-day trading. A decline of 20% from the average session volume of 720,495 shares. The stock had previously closed at $0.26.

The company has a quick ratio of 0.47, a current ratio of 1.42 and a debt-to-equity ratio of 0.10. The firm has a fifty day simple moving average of $0.31 and a 200 day simple moving average of $0.94.

Vislink Technologies (NASDAQ:VISL) last posted its quarterly earnings results on Thursday, November 14th. The company reported ($0.35) EPS for the quarter. The business had revenue of $5.01 million during the quarter. Vislink Technologies had a negative net margin of 46.58% and a negative return on equity of 113.80%.

An institutional investor recently bought a new position in Vislink Technologies stock. Sabby Management LLC purchased a new stake in Vislink Technologies Inc (NASDAQ:VISL) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 115,314 shares of the company’s stock, valued at approximately $61,000. Sabby Management LLC owned 0.80% of Vislink Technologies at the end of the most recent reporting period. 5.43% of the stock is owned by hedge funds and other institutional investors.

Vislink Technologies Company Profile (NASDAQ:VISL)

Vislink Technologies, Inc engages in the design, manufacture, and deployment of end-to-end live video communications solutions worldwide. The company designs, develops, and distributes TV news and broadcast microwave video systems under the IMT brand for broadcast, sports/entertainment/education, public safety, and defense markets, as well as provides engineering, integration, installation and commissioning services.

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