Market Update: Microbot Medical Inc (MBOT) Sees Positive Movement, Closing at 0.96

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Microbot Medical Inc (NASDAQ: MBOT) closed at $0.96 up 0.31% from its previous closing price of $0.96. In other words, the price has increased by $0.31 from its previous closing price. On the day, 1.76 million shares were traded. MBOT stock price reached its highest trading level at $1.09 during the session, while it also had its lowest trading level at $0.92.

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 5.32 and its Current Ratio is at 5.32. 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 15916843 and an Enterprise Value of 9602875.

Stock Price History:

Over the past 52 weeks, MBOT has reached a high of $2.35, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is 2.78%, while the 200-Day Moving Average is calculated to be -10.94%.

Shares Statistics:

For the past three months, MBOT has traded an average of 138.36K shares per day and 273590 over the past ten days. A total of 16.50M shares are outstanding, with a floating share count of 16.13M. Insiders hold about 2.30% of the company’s shares, while institutions hold 7.18% stake in the company. Shares short for MBOT as of 1727654400 were 319099 with a Short Ratio of 2.31, compared to 1724976000 on 206287. Therefore, it implies a Short% of Shares Outstanding of 319099 and a Short% of Float of 1.9800000000000002.

Most Popular