Dallas, Texas 02/05/2014 (FINANCIALSTRENDS) – In a recent development the ongoing patent case related to On Track Innovations Ltd.(USA) (NASDAQ:OTIV) and company’s failure to capitalize the near term favorable opportunity that it got from Markman ruling has resulted into many investment houses degrading this stock. Moreover many brokerage houses are also not positive about the company because On Track Innovations Ltd is also not able to monetize the most talked about T-Mobile case and future litigation.
So much negative news is enough for the traders as well as investors to step back from their plans to invest in On Track Innovation Ltd. These recent developments also suggest that the pressure is on OTIV to execute its patent strategy. But apart from so much negative reputation building there is one ray of hope and that are company’s performance as far its operations are concerned. This has also lead to few selective investment firms to predict that short-term appreciation in the OTIV’s share price could occur.
Something about On Track Innovations Ltd.(USA)(NASDAQ:OTIV)
On Track Innovations Ltd.(USA) (NASDAQ:OTIV) is basically a company that designs, develops, and markets unique technical solutions. All these solutions are based on its highly secure contactless smart card technology that is mostly microprocessor based. Company has been into this business for last so many years and offers a unique combination of microprocessor and contactless cards. Apart from this technology the company also sells products that are based on different types of other card technologies.
The current market capitalization of On Track Innovations Ltd stands at around $135.33 million. The 52 week low of on track innovations Ltd is $0.80 and its 52 week high is $4.27 which clearly indicates that it is one of those highly volatile penny stocks that can help traders make loads of money. The only deal is to play smartly by gathering complete knowledge about this stock.