Vislink Technologies, Inc. (NASDAQ:VISL – Get Free Report) fell 3.7% during mid-day trading on Thursday . The stock traded as low as $2.50 and last traded at $2.50. 3,151 shares changed hands during trading, a decline of 89% from the average session volume of 27,836 shares. The stock had previously closed at $2.60.
Vislink Technologies Stock Up 2.0 %
The stock has a market capitalization of $6.29 million, a P/E ratio of -0.72 and a beta of 1.10. The business’s 50 day simple moving average is $3.03 and its two-hundred day simple moving average is $4.56.
Insider Buying and Selling at Vislink Technologies
In other Vislink Technologies news, major shareholder Hale Capital Partners, Lp bought 20,000 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were purchased at an average price of $2.45 per share, for a total transaction of $49,000.00. Following the acquisition, the insider now owns 295,415 shares in the company, valued at approximately $723,766.75. This represents a 7.26 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. 7.48% of the stock is currently owned by company insiders.
Vislink Technologies Company Profile
Vislink Technologies, Inc provides solutions for collecting live news, sports, entertainment, and news events for the broadcast markets in North America, South America, Europe, Asia, and internationally. The company offers live production products and solutions, such as wireless camera transmitter and receiver products comprising HCAM, a 4K Ultra HD-capable on-camera wireless system; Quantum, an ultra-low latency and waveform agnostic central receiver; IP Link 3.0, a studio-transmitter link system that enables broadcasting service platforms to access monetization opportunities; ViewBack is a lightweight, low-power, low latency, dual-channel diversity receiver-decoder; ultra-compact onboard solutions; and other receiver products, including CRx6, and CIRAS-X6.
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