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On Track Innovations Ltd (OTIV) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

On Track Innovations Ltd (OTIV) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. On Track Innovations Ltd is engaged in the design and development of secure cashless payment solutions. Its products include UNO, TRIO Reader, Saturn 6500 TRIO & Saturn 600 DUO, SCI 6100, Wave and NFC insert. On Track Innovations Ltd has a market cap of $26.440 million; its shares were traded at around $0.64 with and P/S ratio of 1.04.


At the end of the fiscal year, On Track Innovations Ltd has the cash and cash equivalents of $4.83 million, compared with $6.74 million in the previous year. The long term debt was $0.04 million, compared with $0.81 million in the previous year. On Track Innovations Ltd has a financial strength rank of 5 (out of 10).

At the current stock price of $0.64, On Track Innovations Ltd is traded at 44.3% discount to its historical median P/S valuation band of $1.15. The P/S ratio of the stock is 1.04, while the historical median P/S ratio is 1.88. The stock lost 40.57% during the past 12 months.

For the complete 20-year historical financial data of OTIV, click here.

This article first appeared on GuruFocus.