Market Momentum: Microbot Medical Inc (MBOT) Registers a -0.62 Decrease, Closing at 1.59

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Microbot Medical Inc (NASDAQ: MBOT) closed the day trading at $1.59 down -0.62% from the previous closing price of $1.60. In other words, the price has decreased by -$0.62 from its previous closing price. On the day, 0.76 million shares were traded. MBOT stock price reached its highest trading level at $1.67 during the session, while it also had its lowest trading level at $1.57.

Ratios:

For a better understanding of MBOT, let’s look at its different ratios. 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 55591172 and an Enterprise Value of 22678422.

Stock Price History:

The Beta on a monthly basis for MBOT is 1.42, which has changed by 0.38260865 over the last 52 weeks, in comparison to a change of 0.10063088 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 -8.96%, while the 200-Day Moving Average is calculated to be 31.45%.

Shares Statistics:

Over the past 3-months, MBOT traded about 4.29M shares per day on average, while over the past 10 days, MBOT traded about 961580 shares per day. 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 1741910400 were 5125217 with a Short Ratio of 1.17, compared to 1739491200 on 4756405. Therefore, it implies a Short% of Shares Outstanding of 5125217 and a Short% of Float of 14.81.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

Current recommendations for the stock of the company come from 1.0 analysts. The consensus estimate for the next quarter is -$0.16, with high estimates of -$0.16 and low estimates of -$0.16.

Analysts are recommending an EPS of between -$0.52 and -$0.52 for the fiscal current year, implying an average EPS of -$0.52.

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