Vislink Technologies (NASDAQ:VISL) Trading Down 12.1% – What’s Next?

Vislink Technologies, Inc. (NASDAQ:VISL)’s stock price dropped 12.1% on Wednesday . The stock traded as low as $1.72 and last traded at $1.7825. Approximately 5,435 shares were traded during trading, an increase of 56% from the average daily volume of 3,493 shares. The stock had previously closed at $2.0280.

Vislink Technologies Stock Performance

The stock has a market cap of $4.42 million, a price-to-earnings ratio of -0.50 and a beta of 0.61. The business’s fifty day simple moving average is $1.64 and its 200 day simple moving average is $1.90.

Vislink Technologies Company Profile

Vislink Technologies, Inc develops and supplies mission-critical wireless video, data and communications solutions for broadcast, sports production, public safety, and defense applications. The company’s core expertise lies in radio frequency (RF) and Internet Protocol (IP) transmission technologies, enabling customers to capture, transmit and manage high-quality live video and telemetry from remote or mobile locations.

Vislink’s product portfolio includes RF and microwave camera systems, microwave link kits, bonded cellular transmitters, IP video encoders and decoders, antennas, and network management software.