Vislink Technologies (NASDAQ:VISL) Shares Gap Up to $0.29

Vislink Technologies Inc (NASDAQ:VISL)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $0.29, but opened at $0.29. Vislink Technologies shares last traded at $0.32, with a volume of 6,379,709 shares changing hands.

The company has a quick ratio of 0.47, a current ratio of 1.42 and a debt-to-equity ratio of 0.10. The firm’s 50 day moving average is $0.26 and its two-hundred day moving average is $0.68.

Vislink Technologies (NASDAQ:VISL) last released its earnings results on Thursday, November 14th. The company reported ($0.35) earnings per share for the quarter. Vislink Technologies had a negative net margin of 46.58% and a negative return on equity of 113.80%. The firm had revenue of $5.01 million during the quarter.

An institutional investor recently bought a new position in Vislink Technologies stock. Sabby Management LLC purchased a new stake in shares of Vislink Technologies Inc (NASDAQ:VISL) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 115,314 shares of the company’s stock, valued at approximately $61,000. Sabby Management LLC owned about 0.80% of Vislink Technologies at the end of the most recent reporting period. Institutional investors own 5.43% of the company’s stock.

Vislink Technologies Company Profile (NASDAQ:VISL)

Vislink Technologies, Inc engages in the design, manufacture, and deployment of end-to-end live video communications solutions worldwide. The company designs, develops, and distributes TV news and broadcast microwave video systems under the IMT brand for broadcast, sports/entertainment/education, public safety, and defense markets, as well as provides engineering, integration, installation and commissioning services.

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