Insider Activity: Is Management Buying On Track Innovations Ltd. (NASDAQ:OTIV)?

According to the latest filings, corporate insiders at On Track Innovations Ltd. (NASDAQ:OTIV) have increased their position in the stock by 41.48% over the past 6 months.  Insiders now own 0.20% of total outstanding shares. 

On Track Innovations Ltd. (NASDAQ:OTIV) stands -10.26% away from its 50-day simple moving average and also -6.55% away from the 200-day average.  Recently, the equity stands -39.23% away from the 52-week high and 47.67% from the 52-week low.  The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 40.44.


Wall Street analysts on the sell-side covering shares of On Track Innovations Ltd. (NASDAQ:OTIV) have a mean recommendation of 2.00 on the shares.  This is based on a numerical chart where each stock recommendation (Buy,Sell,Hold) is translated into a numerical equivalent.  A low number indicates a Buy and a higher number a Sell.  In terms of where analysts see the stock headed, they have a consensus price target of $2.50  on the shares.

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