Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Microbot Medical Inc (NASDAQ: MBOT) was $1.71 for the day, up 3.01% from the previous closing price of $1.66. In other words, the price has increased by $3.01 from its previous closing price. On the day, 1.18 million shares were traded. MBOT stock price reached its highest trading level at $1.7255 during the session, while it also had its lowest trading level at $1.58.
Ratios:
Our analysis of MBOT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.64 and its Current Ratio is at 3.64. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on January 13, 2020, Reiterated its Buy rating but revised its target price to $26 from $12 previously.
On December 24, 2019, H.C. Wainwright reiterated its Buy rating and also lowered its target price recommendation from $10 to $12.
On January 31, 2018, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $1.75.Ladenburg Thalmann initiated its Buy rating on January 31, 2018, with a $1.75 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MBOT now has a Market Capitalization of 59413096 and an Enterprise Value of 24710304.
Stock Price History:
The Beta on a monthly basis for MBOT is 1.37, which has changed by 0.5132743 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, MBOT has reached a high of $3.38, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is -5.74%, while the 200-Day Moving Average is calculated to be 42.87%.
Shares Statistics:
MBOT traded an average of 4.21M shares per day over the past three months and 779640 shares per day over the past ten days. A total of 34.74M shares are outstanding, with a floating share count of 31.69M. Insiders hold about 8.78% of the company’s shares, while institutions hold 6.91% stake in the company. Shares short for MBOT as of 1740700800 were 5021197 with a Short Ratio of 1.19, compared to 1738281600 on 4170587. Therefore, it implies a Short% of Shares Outstanding of 5021197 and a Short% of Float of 14.510000000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
