Investors need to see the forecast for Vislink Technologies (VISL)
What’s up with Vislink Technologies?
Vislink Technologies (VISL) opened at $0.28, which means the stock is up 6.24% from yesterday’s closing price of 0.28. Today, the company has a high of $0.31 and a low of $0.27. The company has a market cap of $23.11 million with a 52-week high of $9.00 and a 52-week low of $1.66.
What about the future for Vislink Technologies?
The high forecast for Vislink Technologies is $8.00 while the low is $2.50. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Vislink Technologies has a weak forecast. A weak forecast is due to the company posting consistent losses in their earning reports. The future outlook does not seem too bright as this could potentially cause the company to file for bankruptcy. Based on this information VISL seems to be a risky buy.
About Vislink Technologies
Vislink Technologies, Inc. engages in the design and development of wireless communications solutions. It also manufactures and sells microwave communications equipment utilizing coded orthogonal frequency division multiplexing technology. The company was founded by Joseph A. Bobier, Roger G. Branton, and Richard L. Mooers on August 26, 2002 and is headquartered in Hackettstown, NJ.