In the last trading session, 10,041,149 shares of the Vislink Technologies, Inc.(NASDAQ:VISL) were traded, and its beta was 1.81. Most recently the company’s share price was $3.92, and it changed around -$0.5 or -0.11% from the last close, which brings the market valuation of the company to $178.91 Million. VISL currently trades at a discount to its 52-week high of $8.94, offering almost -128.06% off that amount. The share price’s 52-week low was $0.66, which indicates that the current value has risen by an impressive 83.16% since then. We note from Vislink Technologies, Inc.’s average daily trading volume that its 10-day average is 13.73 Million shares, with the 3-month average coming to 11.28 Million.
Vislink Technologies, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 0. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended VISL as a Hold, whereas 1 deemed it a Buy, and no one rated it as Underweight. Vislink Technologies, Inc. is expected to report earnings per share of $0 for the current quarter.
Vislink Technologies, Inc. (NASDAQ:VISL): Trading Information
Although VISL has showed a red trend with a performance of -11.31% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $5.35- on Wednesday, Feb 17 increased the stock’s daily price by 26.73%. The company’s shares are currently up 1.97% year-to-date, but still down -0.0416 over the last five days. On the other hand, Vislink Technologies, Inc. (NASDAQ:VISL) is 0.54% up in the 30-day period. We can see from the shorts that 4.05 Million shares have been sold at a short interest cover period of 0.36 day(s).
The consensus price target as assigned by Wall Street analysts is $60, which translates to bears needing to increase their stock price by 1430.61% from its current value. Analyst projections state that VISL is forecast to be at a low of $60 and a high of $60. In order for the stock price to hit the forecast high, the stock would need to surge +1430.61% from its current level, while the stock would need to crash 1430.61% from its current level to reach the projected low.
Vislink Technologies, Inc. (VISL) projections and forecasts
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of $9.73 Million in revenue for the current quarter. 1 analysts expect Vislink Technologies, Inc. to make $9.42 Million in revenue for the quarter ending in Apr 2021. The company’s sales for the same quarters a year ago were $9.34 Million and $14.22 Million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 4.2%. Forecasts for the next quarter put sales growth at -33.7%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. Vislink Technologies, Inc. earnings are expected to increase by 77.7% in 2021, but the outlook is positive 20% per year for the next five years.
Vislink Technologies, Inc. (NASDAQ:VISL)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 0.39% of Vislink Technologies, Inc. shares, and 6.32% of them are in the hands of institutional investors. The stock currently has a share float of 6.34%. Vislink Technologies, Inc. stock is held by 14 institutions, with Blackrock Inc. being the largest institutional investor. By Dec 30, 2020, it held 0.95% of the shares, which is about 259.75 Thousand shares worth $342.87 Thousand.
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