OTIV On Track Innovations Ltd featured news, full reports, and detailed charts
On Track Innovations Ltd (OTIV) Wrap Up:
Our address is Z.H.R Industrial Zone, Rosh-Pina 12000, Israel. Our telephone number is +972-4-686-8000. In 1998 we established a wholly-owned subsidiary in the United States, OTI America, Inc., a Delaware corporation. OTI America, Inc. is located at 2 Executive Drive, Suite 740, Fort Lee, New Jersey 07024, and its telephone number is (201) 944-3233. Copies of this annual report and certain other documents referred to herein can be obtained on our website, www.otiglobal.com, or upon request from our Director of Corporate Communication, Ms. Galit Mendelson, at the following telephone number: (201) 944-5200 (#111). The information on our website is not incorporated into this annual report. On December 30, 1999, we acquired all of the outstanding shares of City Smart Ltd., a Hong-Kong based systems integrator, in exchange for 6,686 of our ordinary shares (which, as of that date, had an aggregate market value of approximately $451,300). ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f31%2f0001178913-08-000787.html#FIS_COMPANY_INFORMATION"On Track Innovations Ltd. (OTIV:NASDAQ)
Snapshot of On Track Innovations Ltd. (OTIV)
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OPEN
$1.08
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PREVIOUS CLOSE
$1.09
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DAY HIGH
$1.10
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DAY LOW
$1.06
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52 WEEK HIGH
01/28/09 - $1.95
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52 WEEK LOW
10/9/09 - $0.80
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MARKET CAP
23.6M
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AVERAGE VOLUME 3 mo
80.8K
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DILUTED EPS TTM
$-2.13
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SHARES OUTSTANDING
21.5M
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OTIV Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
OTIV Top Compensated Officers
Executives, Board Directors
Key developments for On Track Innovations Ltd. (OTIV)
On Track Innovations Ltd. expected to Report Fiscal Year 2009 Results on March 18, 2010. This event was calculated by Capital IQ (Created on November 19, 2009).
On Track Innovations Ltd. will showcase its range of contactless solutions at the CARTES and IDentification show in Paris from November 17-19 at the Paris-Nord Villepinte Exhibition Center in Paris, France. The company will introduce the new version of its Smart Sticker, a credit card thickness sticker that can be adhered to the back of the mobile phone turning it into a payment device. The product provides a perfect solution for mobile operators and financial institutions interested in joining forces to increase market share and addressing additional usages for the mobile phones already in the hands of the customers. The unique thickness of the stickers allows for mass personalization and deployment of the sticker, using existing equipment. The company will also demonstrate its suite of MasterCard and Visa certified products including payment devices and readers. Payment devices include key fobs and additional form factors. The company will present its solutions and capabilities in secured end-to-end ID solutions, including the MAGNA(TM) complete product solutions and electronic passport demo. Specifically, the company will demonstrate its flexible and modular solutions that uniquely address countries which have to deal with lack of infrastructure, without compromising on performance or security. The company will introduce its new Mobile Registration System (MRS), a modular integrated solution for capturing textual (demographic) and biometric characteristics of individuals. The MRS is ideal for enrollment in rural areas with harsh conditions. The company's MediSmart is a personal portable medical database, transforming the patient's electronic health record (EHR) to a portable medium, enabling sophisticated patient and provider authentication, implementing secure encryption and providing integration with legacy IT systems. The company will also demonstrate its in-vehicle parking meter solution, EasyPark(TM). With EasyPark, the driver simply parks his car and turns on the contactless in-vehicle parking meter device displayed in the car window; upon returning to the vehicle, the driver turns the device off. This creates a second to none user experience by eliminating the need for cash, change, looking for a parking meter and support personnel, and creates a uniquely convenient user experience. The EasyPark system can be used for both on-street parking payments and for parking lots, where the device is presented at the gate when entering or exiting the lot.
On Track Innovations Ltd. announced that it will propose to its AGM, to be held on December 11, 2009, to approve an increase in the company’s authorized share capital from ILS 5,000,000 to ILS 12,000,000 and to amend Article 6 of the company’s Articles of Association and Section 4 of the company’s Memorandum of Association accordingly, in order to allow the issuance of the maximum number of ordinary shares possible under the Rights Plan adopted by the company on January 11, 2009.
OTIV Competitors
| Company | Last | Change |
| Atmel Corp | $3.98 USD | -0.03 |
| Infineon Technologies | €3.11 EUR | -0.11 |
| Orpak Systems | 133.50 GBX | 0.00 |
| Sony Corporation | ¥2,410 JPY | -60.00 |
| ST Microelectronics | €5.58 EUR | -0.20 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | OTIV | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.7x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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OTIV |
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OTIV transactions
| Type Date |
Target |
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Merger/Acquisition
November 5, 2009 |
Millenium Card's Technology Ltd. and Machinery and Inlay Production IP |
