Daily Progress: Microbot Medical Inc (MBOT) Drop -8.07, Closing at 2.05

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.

In the latest session, Microbot Medical Inc (NASDAQ: MBOT) closed at $2.05 down -8.07% from its previous closing price of $2.23. In other words, the price has decreased by -$8.07 from its previous closing price. On the day, 2.35 million shares were traded. MBOT stock price reached its highest trading level at $2.32 during the session, while it also had its lowest trading level at $2.04.

Ratios:

For a deeper understanding of Microbot Medical Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.37 and its Current Ratio is at 2.37. In the meantime, Its Debt-to-Equity ratio is 0.03 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 86513688 and an Enterprise Value of 65867176.

Stock Price History:

The Beta on a monthly basis for MBOT is 0.85, which has changed by 1.3033707 over the last 52 weeks, in comparison to a change of 0.042615533 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 19.34%, while the 200-Day Moving Average is calculated to be 59.61%.

Shares Statistics:

For the past three months, MBOT has traded an average of 3.19M shares per day and 7834220 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 1743379200 were 5424020 with a Short Ratio of 1.70, compared to 1740700800 on 5021197. Therefore, it implies a Short% of Shares Outstanding of 5424020 and a Short% of Float of 15.67.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The performance of Microbot Medical Inc (MBOT) in the stock market is under the watchful eye of 1.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.12 and low estimates of -$0.12.

Analysts are recommending an EPS of between -$0.4 and -$0.4 for the fiscal current year, implying an average EPS of -$0.4.

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