Chardan Capital upgraded shares of Odysight.ai (NASDAQ:ODYS – Free Report) to a strong-buy rating in a research note released on Wednesday morning,Zacks.com reports.
Several other research analysts have also commented on the company. Benchmark reissued a “buy” rating on shares of Odysight.ai in a research report on Monday, August 17th. Weiss Ratings downgraded shares of Odysight.ai from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, July 24th. Finally, Morgan Stanley upgraded Odysight.ai to an “overweight” rating in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $8.57.
View Our Latest Stock Analysis on ODYS
Odysight.ai Stock Performance
Odysight.ai (NASDAQ:ODYS – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.26) earnings per share (EPS) for the quarter. Odysight.ai had a negative net margin of 1,669.72% and a negative return on equity of 78.20%. The business had revenue of $0.42 million during the quarter.
Insider Buying and Selling at Odysight.ai
In other Odysight.ai news, Director Benad Goldwasser purchased 46,875 shares of Odysight.ai stock in a transaction on Thursday, August 20th. The stock was bought at an average price of $3.20 per share, for a total transaction of $150,000.00. Following the transaction, the director owned 121,875 shares of the company’s stock, valued at $390,000. The trade was a 62.50% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Zeev Vurembrand acquired 31,250 shares of Odysight.ai stock in a transaction that occurred on Thursday, August 20th. The stock was bought at an average cost of $3.20 per share, with a total value of $100,000.00. Following the acquisition, the director directly owned 46,250 shares of the company’s stock, valued at approximately $148,000. This trade represents a 208.33% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 46.90% of the stock is owned by insiders.
About Odysight.ai
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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