Image Sensing Systems (NASDAQ:ISNS) : Traders are bullish on Image Sensing Systems (NASDAQ:ISNS) as it has outperformed the S&P 500 by a wide margin of 7.66% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 11.59%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 13.02% in the last 1 week, and is up 9.4% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -35.19% from its 1 Year high price. On Jul 28, 2015, the shares registered one year high at $4.91 and the one year low was seen on May 27, 2016. The 50-Day Moving Average price is $2.30 and the 200 Day Moving Average price is recorded at $2.69.
The stock has recorded a 20-day Moving Average of 11.99% and the 50-Day Moving Average is 11.17%.
Image Sensing Systems (NASDAQ:ISNS): stock turned positive on Friday. Though the stock opened at $2.3, the bulls momentum made the stock top out at $3.555 level for the day. The stock recorded a low of $2.29 and closed the trading day at $2.56, in the green by 14.29%. The total traded volume for the day was 743,649. The stock had closed at $2.24 in the previous days trading.
Image Sensing Systems, Inc. is a provider of software-based products and solutions for the intelligent transportation systems (ITS) industry and adjacent security and law enforcement markets. The Company operates in three segments: Intersection, Highway and License Plate Recognition (LPR). The Companys family of products, which it markets as Autoscope video (video or video products), RTMS radar (radar or radar products) and automatic LPR, provides end users with the tools needed to enhance traffic flow, driver safety and address security/surveillance concerns. Its technology analyzes signals from sensors and transmits the information to management systems and controllers or directly to users. Its software solutions, which it markets as CitySync, provide end users with solutions of its hardware and software for the law enforcement, security, transportation and parking markets. Its end users primarily include governmental agencies and municipalities.