During the last session, Vislink Technologies, Inc. (NASDAQ:VISL)’s traded shares were 3,225,002, with the beta value of the company hitting 1.72. At the end of the trading day, the stock’s price was $2.99, reflecting an intraday loss of -1.64% or -$0.05. The 52-week high for the VISL share is $8.94, that puts it down -199% from that peak though still a striking +71.91% gain since the share price plummeted to a 52-week low of $0.84. The company’s market capitalization is $136.47 Million, and the average intraday trading volume over the past 10 days was 5.81 Million shares, and the average trade volume was 14.17 Million shares over the past three months.
Vislink Technologies, Inc. (VISL) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 0. VISL has a Sell rating from none of the analyst(s) out of 1 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 1 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.
Vislink Technologies, Inc. (NASDAQ:VISL): Trading Information
Vislink Technologies, Inc. (VISL) registered a -1.64% downside in the last session and has traded in the red over the past 5 sessions. The stock spiked 7.72% in intraday trading to $3.24- this Monday, Apr 05, hitting a weekly high. The stock’s 5-day price performance is -3.55%, and it has moved by -1.97% in 30 days. Despite these dips, the overall price performance for the year is 126.52%. The short interest in Vislink Technologies, Inc. (NASDAQ:VISL) is 4.92 Million shares and it means that shorts have 0.35 day(s) to cover.
The consensus price target of analysts on Wall Street is $60, which implies an increase of 1906.69% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $60 and $60 respectively. As a result, VISL is trading at a discount of 1906.69% off the target high and 1906.69% off the low.
Vislink Technologies, Inc. (VISL) projections and forecasts
Revenue for the current quarter is expected to be $9.73 Million as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $9.42 Million by the end of May 2021. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $9.34 Million and $14.22 Million respectively. In this case, analysts expect current quarter sales to grow by 4.2% and then fell by -33.7% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated 0%. While earnings are projected to return 77.7% in 2021, the next five years will return 20% per annum.
Vislink Technologies, Inc. (NASDAQ:VISL)’s Biggest Investors
Vislink Technologies, Inc. insiders own 0.17% of total outstanding shares while institutional holders control 18.34%, with the float percentage being 18.38%. Blackrock Inc. is the largest shareholder of the company, while 18 institutions own stock in it. As of Dec 30, 2020, the company held over 259.75 Thousand shares (or 0.95% of all shares), a total value of $342.87 Thousand in shares.
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The next largest institutional holding, with 197.23 Thousand shares, is of Vanguard Group, Inc. (The)’s that is approximately 0.72% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $260.34 Thousand.
Also, the Mutual Funds coming in first place with the largest holdings of Vislink Technologies, Inc. (VISL) shares are Vanguard Extended Market Index Fund and Fidelity Total Market Index Fund. Data provided on Dec 30, 2020 indicates that Vanguard Extended Market Index Fund owns about 189,934 shares. This amounts to just over 0.69 percent of the company’s overall shares, with a $250.71 Thousand market value. The same data shows that the other fund manager holds slightly less at 34.9 Thousand, or about 0.13% of the stock, which is worth about $113.07 Thousand.