Market Watch: Microbot Medical Inc (MBOT)’s Noteworthy Gain, Closing at 1.14

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

As of close of business last night, Microbot Medical Inc’s stock clocked out at $1.14, up 1.79% from its previous closing price of $1.12. In other words, the price has increased by $1.79 from its previous closing price. On the day, 0.86 million shares were traded. MBOT stock price reached its highest trading level at $1.18 during the session, while it also had its lowest trading level at $1.11.

Ratios:

To gain a deeper understanding of MBOT’s stock, we examine 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 19302822 and an Enterprise Value of 9365211.

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 15.46%, while the 200-Day Moving Average is calculated to be 13.93%.

Shares Statistics:

It appears that MBOT traded 323.21K shares on average per day over the past three months and 1107690 shares per day over the past ten days. A total of 16.65M shares are outstanding, with a floating share count of 16.55M. Insiders hold about 2.24% of the company’s shares, while institutions hold 6.76% stake in the company. Shares short for MBOT as of 1730332800 were 565981 with a Short Ratio of 1.79, compared to 1727654400 on 319099. Therefore, it implies a Short% of Shares Outstanding of 565981 and a Short% of Float of 3.5099998.

Most Popular