Why is Vislink Technologies Inc. (VISL) down -63.75% from the day 1 this year?

At the end of the latest market close, Vislink Technologies Inc. (VISL) was valued at $0.57. In that particular session, Stock kicked-off at the price of $0.57 while reaching the peak value of $0.6665 and lowest value recorded on the day was $0.505. The stock current value is $0.58.

Recently in News on June 29, 2020, VISLINK TECHNOLOGIES, INC. ANNUAL MEETING OF STOCKHOLDERS ON JUNE 30, 2020. Vislink Technologies, Inc. (VISL) will conduct the 2020 Annual Meeting of Stockholders on Tuesday, June 30, 2020 at 11:00 a.m. (Eastern Time), exclusively by means of remote communication. To access the Annual Meeting, stockholders should select the following link: https://services.choruscall.com/links/visl200630.html. Shareholders should then select “Join the webcast.” Although stockholders will not be able to physically attend the Annual Meeting in person, we intend for the format of the Annual Meeting to provide shareholders the same rights and opportunities to participate as they would at an in-person meeting. You can read further details here

Vislink Technologies Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.4900 on 06/04/20, with the lowest value was $0.1100 for the same time period, recorded on 03/16/20.

Vislink Technologies Inc. (VISL) full year performance was -63.75%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Vislink Technologies Inc. shares are logging -92.75% during the 52-week period from high price, and 427.27% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.11 and $8.00.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 20933133 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Vislink Technologies Inc. (VISL) recorded performance in the market was 127.90%, having the revenues showcasing 287.70% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 52.76M, as it employees total of 167 workers.

Market experts do have their say about Vislink Technologies Inc. (VISL)

During the last month, 0 analysts gave the Vislink Technologies Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.3353, with a change in the price was noted +0.3406. In a similar fashion, Vislink Technologies Inc. posted a movement of +142.27% for the period of last 100 days, recording 26,087,914 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for VISL is recording 0.03 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Technical breakdown of Vislink Technologies Inc. (VISL)

Raw Stochastic average of Vislink Technologies Inc. in the period of last 50 days is set at 30.69%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 12.82%. In the last 20 days, the company’s Stochastic %K was 7.45% and its Stochastic %D was recorded 7.88%.

Bearing in mind the latest performance of Vislink Technologies Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 127.90%. Additionally, trading for the stock in the period of the last six months notably improved by 76.88%, alongside a downfall of -63.75% for the period of the last 12 months. The shares increased approximately by -0.85% in the 7-day charts and went up by -49.12% in the period of the last 30 days. Common stock shares were driven by 287.70% during last recorded quarter.