OTIV - On Track Innovations Ltd.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
0.3370
-0.0020 (-0.59%)
At close: 3:57PM EDT
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Previous Close0.3390
Open0.3385
Bid0.3270 x 2200
Ask0.3440 x 1200
Day's Range0.3201 - 0.3450
52 Week Range0.3000 - 1.0100
Volume12,119
Avg. Volume66,339
Market Cap13.926M
Beta (3Y Monthly)1.42
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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News
Press Releases
  • ACCESSWIRE

    On Track Innovations Ltd. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 12, 2019 / On Track Innovations Ltd. (NASDAQ: OTIV ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on August 12, 2019 at ...

  • On Track Innovations Ltd. Reports Second Quarter 2019 Financial Results
    PR Newswire

    On Track Innovations Ltd. Reports Second Quarter 2019 Financial Results

    37% sequential growth in revenue and strong improvement in gross margin ROSH PINA , Israel , Aug. 7, 2019 /PRNewswire/ --  On Track Innovations Ltd. ("OTI") (NASDAQ: OTIV) (the " Company ...

  • OTI Receives Purchase Order For More Than 10,000 Advanced Readers for Global Smart ATM Market
    PR Newswire

    OTI Receives Purchase Order For More Than 10,000 Advanced Readers for Global Smart ATM Market

    ROSH PINNA, Israel, Aug. 5, 2019 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTIV), a global provider of near field communication (NFC) and cashless payment solutions, today announced that it has received a new purchase order to deliver more than 10,000 of OTI's Uno-8 advanced secure contactless NFC readers, for the global Smart ATM market. Adding an OTI EMV certified contactless reader, provides an ATM with the ability to identify the account owner and communicate with their smart devices. "Including this new purchase-order, OTI has already received orders for over 50,000 advanced readers systems which are being used throughout the world to provide smart ATMs with contactless NFC capabilities.

  • On Track Innovations Ltd. to Release Second Quarter 2019 Financial Results on Wednesday, August 7th, 2019
    PR Newswire

    On Track Innovations Ltd. to Release Second Quarter 2019 Financial Results on Wednesday, August 7th, 2019

    ("OTI") (OTIV), a global provider of near field communication (NFC) and cashless payment solutions, will broadcast a conference call on Monday, August 12th, 2019 at 9 a.m. Eastern Time to discuss the results for the second quarter ended June 30, 2019. The second quarter financial results will be issued in a press release before the market opens on Wednesday, August 7, 2019. Investors and analysts are encouraged to submit questions they would like the interim CEO to address on the call.

  • OTI Receives New Purchase Order for 1,000 Cashless Payment Systems for the Japanese Unattended Retail Market
    PR Newswire

    OTI Receives New Purchase Order for 1,000 Cashless Payment Systems for the Japanese Unattended Retail Market

    ROSH PINNA, Israel, June 13, 2019 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTIV), a global provider of near field communication (NFC) and cashless payment solutions, today announced that it received a purchase order for 1,000 cashless payment systems from Japan via its partner, Billing Systems Cooperation, a leading regional payment service provider. Commented Shlomi Cohen, CEO of OTI, "We continue to broaden our footprint in the vast Japanese unattended retail market, and with a potential of six million units countrywide the total size of the Japanese electronic vending machine market is very significant for us. This gives us a substantial runway to continue our growth together with our strategic partner.

  • On Track Innovations Ltd. Announces Transition in Leadership Team
    PR Newswire

    On Track Innovations Ltd. Announces Transition in Leadership Team

    ROSH PINA, Israel, June 12, 2019 /PRNewswire/ -- On Track Innovations Ltd. (OTIV) (the "Company" or "OTI"), a global provider of near field communication (NFC) and cashless payment solutions, today announced that its Chief Executive Officer ("CEO") and member of the Board of Directors, Mr. Shlomi Cohen, will step down from the position of CEO by the end of 2019 and will then assume the role of Chairperson of the Board. The Company has initiated the process of recruiting a new Chief Executive Officer.

  • OTI Continues to Extend Footprint in the Russian Market with Additional PO for 2,000 Advanced Payment Systems
    PR Newswire

    OTI Continues to Extend Footprint in the Russian Market with Additional PO for 2,000 Advanced Payment Systems

    ROSH PINNA, Israel, June 3, 2019 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTIV), a global provider of near field communication (NFC) and cashless payment solutions, today announced that it had received another significant order for more than 2,000 advanced payment systems for use in Russian ticketing. This additional order builds on OTI's previous success in the significant Russian market, having delivered to date almost 18,000 cashless payment systems. OTI's CEO Shlomi Cohen commented, "We won this order based on our leading technological capabilities and it is a demonstration of the highest level of security.

  • OTI Receives Purchase Order for Additional 3,000 Advanced UNO 8 Readers for Smart ATM Global Market
    PR Newswire

    OTI Receives Purchase Order for Additional 3,000 Advanced UNO 8 Readers for Smart ATM Global Market

    ROSH PINNA, Israel, May 14, 2019 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTIV), a global provider of near field communication (NFC) and cashless payment solutions, has received a new purchase order to deliver 3,000 of OTI's Uno-8 advanced secure contactless NFC readers to the global Smart ATM market. Adding an OTI EMV certified contactless reader provides an ATM with the ability to identify the account owner and communicate with their smart devices. OTI has successfully delivered to date almost 40,000 advanced readers systems and expects to continue delivering significant numbers in the future.

  • On Track Innovations Ltd. Reports First Quarter 2019 Financial Results
    PR Newswire

    On Track Innovations Ltd. Reports First Quarter 2019 Financial Results

    Shift of manufacturing to non-tariff zone completed; Expects to resume sequential revenue growth in the second quarter; ROSH PINA , Israel , May 7, 2019 /PRNewswire/ --  On Track Innovations Ltd. ("OTI") ...

  • OTI Granted 180 Day Extension by NASDAQ to Regain Compliance With Minimum Bid Price Rule
    PR Newswire

    OTI Granted 180 Day Extension by NASDAQ to Regain Compliance With Minimum Bid Price Rule

    ROSH PINNA, Israel, April 24, 2019 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (Nasdaq: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, today announced that ...

  • On Track Innovations Ltd. to Report First Quarter 2019 Financial Results and Host a Conference Call on Tuesday, May 7th, 2019 at 9 a.m. EDT
    PR Newswire

    On Track Innovations Ltd. to Report First Quarter 2019 Financial Results and Host a Conference Call on Tuesday, May 7th, 2019 at 9 a.m. EDT

    ROSH PINNA , Israel , April 23, 2019 /PRNewswire/ --   On Track Innovations Ltd . (" OTI ") (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, will ...

  • OTI Receives New and Significant Order for 6,000 Advanced Payment Systems in Russia
    PR Newswire

    OTI Receives New and Significant Order for 6,000 Advanced Payment Systems in Russia

    ROSH PINNA, Israel, April 1, 2019 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTIV), a global provider of near field communication (NFC) and cashless payment solutions, today announced that it had received a significant order for more than 6,000 advanced payment systems for use in Russian rail ticketing systems. This is an additional large-scale order from the Russian market following OTI's successful acceptance of the mandatory MIR certification in the ever-growing Russian self-service market. OTI delivered 11,000 cashless payment systems to Russia in 2018 and expects a higher rate of deliveries in 2019.

  • On Track Innovations Ltd. Reports Fourth Quarter and Full Year 2018 Financial Results
    PR Newswire

    On Track Innovations Ltd. Reports Fourth Quarter and Full Year 2018 Financial Results

    2018 Revenues of $21.9 million , of which 24% recurring; Expects Revenue Growth in 2019 ROSH PINA , Israel , March 13, 2019 /PRNewswire/ --  On Track Innovations Ltd. (OTI) (NASDAQ: OTIV) (the " Company ...

  • On Track Innovations Ltd. Reports Fourth Quarter and Full Year 2018 Financial Results on Wednesday, March 13th, 2019
    PR Newswire

    On Track Innovations Ltd. Reports Fourth Quarter and Full Year 2018 Financial Results on Wednesday, March 13th, 2019

    Will host a conference call at 9 a.m. EST ROSH PINNA , Israel , Feb. 26, 2019 /PRNewswire/ -- On Track Innovations Ltd . ( OTI ) (NASDAQ: OTIV), a global provider of near field communication (NFC) and ...

  • OTI Partners With Puma Energy to Gain Momentum Across Southern Africa
    PR Newswire

    OTI Partners With Puma Energy to Gain Momentum Across Southern Africa

    ROSH PINNA, Israel, Feb. 25, 2019 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTIV), a global provider of near field communication (NFC) and cashless payment solutions, today announced that it has successfully partnered with Puma Energy in Namibia and Botswana, launching the iFUELGUARD B2B solution based on OTI's innovative AVI EasyFuelPlus solution. Puma Energy also welcomes customers who are contracted to Masana Petroleum, BP's commercial arm in the region, to Puma stations in Namibia and Botswana for all their cross border refueling requirements.

  • On Track Innovations Continues to Gain Market Share in the Global Smart ATM Market
    PR Newswire

    On Track Innovations Continues to Gain Market Share in the Global Smart ATM Market

    OTI Receives Purchase Order for 4,000 Advanced Contactless UNO-8 Readers for use in Smart ATM Applications ROSH PINNA, Israel, Jan. 22, 2019 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (NASDAQ: OTIV), ...

  • On Track Innovations Ltd. Announces Agreement to Divest Non-Core Legacy MediSmart Division
    PR Newswire

    On Track Innovations Ltd. Announces Agreement to Divest Non-Core Legacy MediSmart Division

    ROSH PINA, Israel, Dec. 6, 2018 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTIV), a global provider of near field communication (NFC) and cashless payment solutions, together with its South African subsidiary, OTI Petrosmart (PTY) Limited, have entered into an agreement to divest their non-core legacy division of MediSmart to a current customer, Smart Applications International Ltd. ("SMART"). Under the terms of the transaction, SMART will acquire MediSmart for total consideration of $2.75 million in cash. MediSmart is an information management and claims submission system for the medical sector.

  • On Track Innovations Receives Additional Purchase Order for More Than 3,000 Advanced Systems in Russia
    PR Newswire

    On Track Innovations Receives Additional Purchase Order for More Than 3,000 Advanced Systems in Russia

    On Track Innovations Ltd. (OTI) (OTIV), a global provider of near field communication (NFC) and cashless payment solutions, has received a purchase order for more than 3,000 advanced payment systems to the massive Russian retail self-service market from a current customer. This order follows OTI's successful acceptance of the mandatory MIR certification in the ever-growing Russian market. To date, OTI has delivered more than 11,000 advanced payment systems in the Russian self-service market.

  • On Track Innovations Ltd. Reports Third Quarter 2018 Financial Results
    PR Newswire

    On Track Innovations Ltd. Reports Third Quarter 2018 Financial Results

    Third Quarter Revenues Increase 39% to $6.5 Million ; Debt Reduced by 89% to $0.5 Million ROSH PINA , Israel , Nov. 7, 2018 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (NASDAQ: OTIV) (the " Company ...

  • On Track Innovations Partners With the George Municipality Western Cape Government to Offer Smart Cards in South Africa's Public Transportation System
    PR Newswire

    On Track Innovations Partners With the George Municipality Western Cape Government to Offer Smart Cards in South Africa's Public Transportation System

    Partnership Marks OTI's First Cashless Payments Entrance to South Africa Outside of Fueling ROSH PINNA, Israel, Nov. 6, 2018 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (NASDAQ: OTIV), a global provider ...

  • On Track Innovations Receives Interac Certification for Canadian Market
    PR Newswire

    On Track Innovations Receives Interac Certification for Canadian Market

    ROSH PINNA, Israel, Oct. 30, 2018 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTIV), a global provider of near field communication (NFC) and cashless payment solutions, has received a renewed Interbank Network Interac certification, which now allows Canadian businesses to integrate OTI's secure cashless payment solutions into vending machines, kiosks and other unattended devices throughout Canada. Interac Corp. operates an economical, world-class debit payments system with broad-based acceptance, reliability, security, and efficiency. The organization is one of Canada's leading payments brands and is chosen an average of 16 million times daily to pay and exchange money.

  • On Track Innovations Ltd. to Report Third Quarter 2018 Financial Results and Host a Conference Call on Wednesday, November 7th at 9 a.m. EST
    PR Newswire

    On Track Innovations Ltd. to Report Third Quarter 2018 Financial Results and Host a Conference Call on Wednesday, November 7th at 9 a.m. EST

    ROSH PINNA , Israel  , Oct. 29 , 2018  /PRNewswire/ --  On Track Innovations Ltd . ( OTI ) (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, will release ...