ReWalk Robotics Ltd. (RWLK) Shares: Cheap or Risky?

ReWalk Robotics Ltd. (NASDAQ:RWLK) saw a downside of -9.27% to close Friday at $1.37 after subtracting -$0.14 on the day. The 5-day average trading volume is 20,322,719 shares of the company’s common stock. It has gained $1.8600 in the past week and touched a new high 1 time within the past 5 days. An average of 35,738,539 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 14,530,706.

The company’s shares have touched a 52-week low of $1.00 and high of $6.00, with the stock’s rally to the 52-week high happening on 02/12/21. YTD, RWLK has achieved 3.79% or $0.0500 and has reached a new high 15 times. However, the current price is down -77.17%% from the 52-week high price.


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Insider Transactions

On Jun 21, 105 days have gone by since the last insider trading activity for ReWalk Robotics Ltd. (RWLK). Jasinski Lawrence J (Chief Executive Officer) most recently sold 22,500 shares at $1.69 per share on Jun 21. This transaction cost the insider $38,025. Chief Executive Officer, Jasinski Lawrence J, sold 148 shares at a price of $1.90 on May 04.

Valuation Metrics

ReWalk Robotics Ltd. (RWLK) has a trailing price-to-earnings (P/E) ratio of 31.81 for the broader industry and 32.48 for the sector, meaning that investors are optimistic about the stock’s future prospects.RWLK stock has a beta of 3.25. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 14.92 while the price-to-book (PB) in the most recent quarter is 0.96.

ReWalk Robotics Ltd.’s quick ratio for the period ended June 29 was 15.70, with the current ratio over the same period at 16.50 meaning that RWLK stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.00, while the total debt to equity was 0.00. In terms of profitability, the gross margin trailing 12 months is 47.20%The trailing 12-month EBITDA margin is -266.77%. The firm’s gross profit as reported stood at $2.19 million against revenue of $4.39 million.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected RWLK to announce -$0.06 per share in earnings in its latest quarter, but it posted -$0.07, representing a -16.70% surprise. EBITDA for the quarter stood at more than -$3.07 million. RWLK stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 5.63 million, with total debt at $1.3 million. Shareholders hold equity totaling $46.41 million

Technical Picture

Let’s look briefly at ReWalk Robotics Ltd. (RWLK) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 01 October was 43.62% to suggest the stock is trending Neutral, with historical volatility in this time period at 443.29%.

The stock’s 5-day moving average is $1.5400, reflecting a -31.84% or -$0.6400 change from its current price. RWLK is currently trading -0.72% above its 20-day SMA, -22.16% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -8.67% and unch respectively.

Stochastic %K and %D was 14.86% and 20.03% and the average true range (ATR) pointed at 0.3160. The RSI (14) points at 46.19%, while the 14-day stochastic is at 10.19% with the period’s ATR at 0.2722. The stock’s 9-day MACD Oscillator is pointing at -0.3633 and -0.1767 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for ReWalk Robotics Ltd. (NASDAQ: RWLK), Barclays downgraded it to an Underweight rating. They previously had an Equal weight rating on the stock.

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