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Why ISNS Stock Is Rallying Strongly In Premarket Session?

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As of last check, Image Sensing Systems Inc. (NASDAQ: ISNS) traded at $5.72, up 24.62% in premarket trading. The Image Sensing stock rose 0.81% to close at $4.61 on Thursday. The ISNS stock fluctuated between $4.5699 and $4.63 during the trading session. The ISNS stock is up following strategic changes released by the global company dedicated to helping improve safety and efficiency for cities and highways.

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What were the changes?

Image Sensing Systems develops and delivers above-ground detection technology, applications, and solutions that improve safety and efficiency for cities and highways. ISNS helps Transportation Information System (ITS) professionals make more confident and proactive decisions by providing in-depth analytics and real-time reaction capabilities. ISNS’ headquarters are located in St. Paul, Minnesota.

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In yesterday’s press release, Image Sensing Systems announced that the board of directors has approved the following actions:

ISNS going forward:

Autoscope Technologies Corporation will be the name of new holding company of Image Sensing Systems (ISNS), which will serve to emphasize the ISNS’ most successful and enduring product.  It will provide ISNS with a strategy for future growth and value creation by signaling a new company structure and strategy.

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