Under $1 Vislink Technologies’ Stock (NASDAQ: VISL) Soaring Amid Protests In U.S

Tech-driven Vislink keeps anyone in touch and informed during extreme situations. Due to ongoing protests in the U.S services and products of Vislink could be the number one choice to capture the important news. NASDAQ: VISL  started gaining from June 1 and traded for $0.4250 at the close of the Wednesday market. Total daily trading volume quadrupled as compared to 25,999,951 shares that are averagely traded daily.

Q1 2020 financial results brought some good news despite coronavirus lockdown.

Financial report for the first quarter ended in March 2020

Q1 revenue fell by $3 million but cutting costs led to a positive $2,506,000 gross profit. Nevertheless. operating income falls to be negative like in the previous quarter. $9,229,000 total capitalization for Q1 2020 becomes a quarter of the overvalued market capitalization of $37.518 million while 12-months based EPS is still negative.

Alex Krakowsky

Editor in Chief. Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life