Actelis Networks (NASDAQ:ASNS) Coverage Initiated by Analysts at Litchfield Hills Research

Litchfield Hills Research started coverage on shares of Actelis Networks (NASDAQ:ASNS) in a research note released on Monday,Benzinga reports. The brokerage issued a buy rating and a $5.00 target price on the stock.

Actelis Networks Price Performance

NASDAQ:ASNS opened at $1.17 on Monday. The firm has a 50-day moving average of $1.25. The stock has a market capitalization of $7.32 million, a price-to-earnings ratio of -0.94 and a beta of 2.02. Actelis Networks has a 12 month low of $0.36 and a 12 month high of $4.60. The company has a quick ratio of 0.96, a current ratio of 1.42 and a debt-to-equity ratio of 0.05.

About Actelis Networks

Actelis Networks, Inc engages in the design, development, manufacture, and marketing of cyber hardened, hybrid fiber, networking solutions for Internet of Things and telecommunication companies in North America, Europe, the Middle East, Israel, and the Asia Pacific. It provides rapid-deployment networking solutions for wide-area IoT applications, including federal, state, and local governments; intelligent traffic systems; and military, utility, rail, telecom, and campus applications.