Rail Vision (NASDAQ:RVSN) Trading Up 6.8%

Rail Vision Ltd. (NASDAQ:RVSN)’s stock price was up 6.8% during mid-day trading on Thursday . The stock traded as high as 1.13 and last traded at 1.10. Approximately 1,244,900 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 7,451,753 shares. The stock had previously closed at 1.03.

Rail Vision Stock Down 5.5 %

The stock has a market capitalization of $17.15 million, a PE ratio of -0.23 and a beta of 0.01. The firm has a 50 day moving average price of 2.78 and a 200-day moving average price of 3.21.

Institutional Investors Weigh In On Rail Vision

Several institutional investors and hedge funds have recently modified their holdings of RVSN. RIA Advisory Group LLC purchased a new stake in shares of Rail Vision in the 4th quarter valued at $35,000. Citadel Advisors LLC purchased a new stake in shares of Rail Vision in the 2nd quarter valued at $43,000. Finally, Walleye Capital LLC purchased a new stake in shares of Rail Vision in the 2nd quarter valued at $195,000. Hedge funds and other institutional investors own 12.11% of the company’s stock.

About Rail Vision

Rail Vision Ltd. designs, develops, assembles, and sells railway detection systems for railway operational safety, efficiency, and predictive maintenance in Israel. The company's railway detection systems include various cameras, such as optics, visible light spectrum cameras (video), and thermal cameras that transmit data to a ruggedized on-board computer that is designed to be suitable for the rough environment of a train's locomotive.