MarketIQ Analyst Report for Vislink Technologies Inc

240 S. PINEAPPLE AVENUE, SUITE 701, SARASOTA, FL, US
VISL

Last Updated: 15 Nov 2024

Executive Summary

Vislink Technologies Inc. (VISL) is a provider of wireless communications solutions. The company's latest stock price is $4.45. Vislink has a market capitalization of $16.26 million, with 2.46 million shares outstanding. The company has a trailing twelve-month revenue of $32.55 million and a net loss of $8.19 million. Vislink's financial performance has been weak in recent quarters, with the company reporting negative earnings per share and EBITDA. The company's stock price has also been under pressure, falling from a 52-week high of $8.15 to its current level.

Company Overview

Vislink Technologies Inc. is headquartered in Hackettstown, New Jersey. The company designs, develops, and delivers wireless communications solutions for a variety of applications, including broadcast, military, and public safety. Vislink's products include transmitters, receivers, antennas, and other equipment. The company has a global presence, with operations in North and South America, Europe, Asia, and internationally.

Fundamental Analysis

Vislink Technologies Inc.'s financial performance has been weak in recent quarters. The company's revenue has declined year-over-year, and the company has reported negative earnings per share and EBITDA. Vislink's gross profit margin has also declined in recent quarters. The company's financial performance is likely to remain weak in the near term, as the company faces challenges from competition and the global economic slowdown.

Technical Analysis

Vislink Technologies Inc.'s stock price has been in a downtrend in recent months. The stock price has fallen below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also below 50, indicating that the stock is oversold. The stock's technical indicators suggest that the stock price could continue to decline in the near term.

Short Term Outlook

The short-term outlook for Vislink Technologies Inc. is negative. The company's financial performance is weak, and the stock price is in a downtrend. The stock's technical indicators also suggest that the stock price could continue to decline in the near term.

Long Term Outlook

The long-term outlook for Vislink Technologies Inc. is uncertain. The company's financial performance is weak, and the stock price is in a downtrend. However, the company has a strong market position and a global presence. If the company can improve its financial performance, the stock price could recover in the long term.

Analyst Recommendations

The majority of analysts have a hold rating on Vislink Technologies Inc. The average analyst target price is $12.00.