Rail Vision (NASDAQ:RVSN) Shares Down 3.4% – Here’s What Happened

Rail Vision Ltd. (NASDAQ:RVSN) dropped 3.4% during trading on Tuesday . The company traded as low as $0.27 and last traded at $0.28. Approximately 940,867 shares changed hands during trading, a decline of 63% from the average daily volume of 2,577,242 shares. The stock had previously closed at $0.29.

Rail Vision Stock Performance

The stock has a 50 day moving average of $0.53 and a two-hundred day moving average of $0.65. The firm has a market capitalization of $5.63 million, a P/E ratio of -0.06 and a beta of -1.09.

Institutional Trading of Rail Vision

A hedge fund recently bought a new stake in Rail Vision stock. Jane Street Group LLC bought a new position in shares of Rail Vision Ltd. (NASDAQ:RVSN) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 206,064 shares of the company’s stock, valued at approximately $435,000. Jane Street Group LLC owned about 1.02% of Rail Vision at the end of the most recent reporting period. 12.11% of the stock is currently owned by institutional investors.

About Rail Vision

Rail Vision Ltd. designs, develops, assembles, and sells railway detection systems for railway operational safety, efficiency, and predictive maintenance in Israel. The company's railway detection systems include various cameras, such as optics, visible light spectrum cameras (video), and thermal cameras that transmit data to a ruggedized on-board computer that is designed to be suitable for the rough environment of a train's locomotive.