Rewalk Robotics (RWLK) Shares Gap Up to $0.22

Rewalk Robotics Ltd (NASDAQ:RWLK)’s share price gapped up prior to trading on Friday . The stock had previously closed at $0.21, but opened at $0.22. Rewalk Robotics shares last traded at $0.23, with a volume of 2767757 shares trading hands.

Several equities analysts have recently weighed in on RWLK shares. Zacks Investment Research raised Rewalk Robotics from a “hold” rating to a “buy” rating and set a $1.25 price objective on the stock in a research note on Thursday, August 30th. Oppenheimer set a $2.00 price objective on Rewalk Robotics and gave the company a “buy” rating in a research note on Friday, August 24th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $1.85.

The stock has a market capitalization of $8.05 million, a P/E ratio of -0.24 and a beta of 0.77.

Rewalk Robotics (NASDAQ:RWLK) last released its quarterly earnings results on Thursday, November 8th. The medical device company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.01. The firm had revenue of $1.62 million for the quarter, compared to analyst estimates of $2.12 million. Rewalk Robotics had a negative return on equity of 3,654.32% and a negative net margin of 352.11%. On average, equities analysts expect that Rewalk Robotics Ltd will post -0.67 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Rewalk Robotics (RWLK) Shares Gap Up to $0.22” was first published by WKRB News and is the property of of WKRB News. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The correct version of this article can be read at https://www.wkrb13.com/2018/11/25/rewalk-robotics-rwlk-shares-gap-up-to-0-22.html.

About Rewalk Robotics (NASDAQ:RWLK)

ReWalk Robotics Ltd., a medical device company, designs, develops, and commercializes exoskeletons for wheelchair-bound individuals with mobility impairments or other medical conditions. The company offers ReWalk Personal for everyday use to paraplegic individuals at home and in their communities; and ReWalk Rehabilitation for exercise and therapy used in hospitals and rehabilitation centers in the United States and Europe.

See Also: Risk Tolerance and Your Investment Decisions

Receive News & Ratings for Rewalk Robotics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rewalk Robotics and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply