Odysight.ai (NASDAQ:ODYS) Announces Quarterly Earnings Results

Odysight.ai (NASDAQ:ODYSGet Free Report) released its quarterly earnings data on Thursday. The company reported ($0.32) EPS for the quarter, FiscalAI reports. Odysight.ai had a negative return on equity of 55.44% and a negative net margin of 565.01%.The company had revenue of $0.08 million during the quarter.

Odysight.ai Price Performance

ODYS traded up $0.12 on Friday, reaching $4.64. 66,965 shares of the company’s stock were exchanged, compared to its average volume of 471,877. Odysight.ai has a twelve month low of $2.60 and a twelve month high of $11.30. The stock has a market cap of $75.98 million, a PE ratio of -4.31 and a beta of -0.52. The stock’s fifty day moving average price is $5.80 and its 200-day moving average price is $4.69.

Analyst Ratings Changes

Separately, Benchmark started coverage on Odysight.ai in a research note on Monday, March 23rd. They set a “moderate buy” rating and a $10.00 price objective for the company. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $10.00.

Check Out Our Latest Research Report on ODYS

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Odysight.ai stock. Noked Israel Ltd purchased a new stake in Odysight.ai Inc. (NASDAQ:ODYSFree Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 200,972 shares of the company’s stock, valued at approximately $904,000. Odysight.ai makes up 0.1% of Noked Israel Ltd’s investment portfolio, making the stock its 11th largest holding. Noked Israel Ltd owned approximately 1.23% of Odysight.ai as of its most recent filing with the Securities & Exchange Commission. 19.67% of the stock is owned by institutional investors.

About Odysight.ai

(Get Free Report)

Odysight.ai, Inc engages in the development and manufacture of customized visual solutions for organizations across a variety of industries in the form of micro cameras and supplementary technologies. Its devices can used across the medical, aerospace, industrial, research, and defense industries. The company was founded on March 22, 2013 and is headquartered in Omer, Israel.

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Earnings History for Odysight.ai (NASDAQ:ODYS)

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