Top Momentum Gainer: Volumes for Image Sensing Systems Jumps Five Fold on Security Products Demand

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Shares of Image Sensing Systems Inc (NASDAQ: ISNS), a manufacturers of security surveillance products, continued its rally after climbing over 71% in the past 2-trading days on the increased interest for security surveillance products following the Ferguson incident. Alongside, the stock prices of Digital Ally (NASDAQ: DGLY) and Vicon Industries (NYSE: VII), makers of security cameras and products, also experienced an uptrend during the past few trading sessions as the petition calling for tighter security in the states and counties will increase the demand of the surveillance products making a big business for the device makers. During the last trading session, volumes of ISNS witnessed a five-fold increase over the previous trading sessions and the stock was the top performer in the U.S. industrial sector after jumping 20% yesterday. The stock ended at $4.08 while recording significant volumes of 19.8 million shares. During the past 5-trading sessions, ISNS gained 84.6% while recording daily average trading volumes of 4.7 million shares, while the stock accumulated over 35% in the last one month with daily average trading volume of 819,506 shares.

Company Description:
Image Sensing Systems Inc (NASDAQ: ISNS) manufactures and markets products using video image processing technology for use in traffic management systems and traffic data collection. The company’s Autoscope vehicle detection system converts video images of a traffic scene into digitized traffic data to be transmitted for real-time traffic management or stored for later analysis.

1-Year Stock Chart:

Image Sensing Systems Inc (NASDAQ: ISNS)

Source: Bloomberg

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