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VISL - Vislink Is Trying To Turn Around Its Business But It Looks Overvalued
April, 04 2021 12:13 PM
Vislink Technologies Inc.
The company claims that it has managed to cut costs and achieve annual savings of around $5 million. However, the revenues are dropping and the margins are deteriorating. There are theories that the company’s valuation is rising due to strong retail investor interest or a short squeeze, but they don’t seem plausible. I think the business isn't worth much in its current state and that Vislink is a sell. For further details see:
Vislink Is Trying To Turn Around Its Business But It Looks Overvalued
Stock Information
Company Name:
Vislink Technologies Inc.
Stock Symbol:
VISL
Market:
NASDAQ
Website:
vislink.com
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