As of Wednesday close, ReWalk Robotics Ltd.’s (NASDAQ:RWLK) stock was up $0.06, moving up 6.65 percent to $0.94. The average number of shares traded per day over the past five days has been 242,820 shares. 5 times new highs have been achieved over the past 5 days, with a $0.0255 gain in that time frame. In the last twenty days, the average volume was 292,190, while in the previous 50 days, it was 256,760.
Since last month, RWLK stock rose 5.45%. Shares of the company fell to $0.8168 on 10/24/22, the lowest level in the past month. A 52-week high of $1.41 was reached on 01/04/22 after having rallying from a 52-week low of $0.79. Since the beginning of this year, RWLK’s stock price has dropped by -23.70% or -$0.2915, and marked a new high 2 times. However, the stock has declined by -33.44% since its 52-week high.
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RWLK stock investors should be aware that ReWalk Robotics Ltd. (RWLK) stock had its last reported insider trading activity 13 days ago on Nov 11. Lind Global Fund II LP, the 10% Owner of the company, purchased of 264,625 shares for $0.92 on Nov 11. It resulted in a $243,455 investment by the insider. Lind Global Fund II LP added 83,475 shares at an average price of $0.88 on Nov 10. The insider now owns 4,674,916 shares following the transaction. On Nov 09, 10% Owner Lind Global Fund II LP bought 39,454 shares at $0.90 apiece. The transaction was valued at $35,509.
The stock’s beta is 2.41. Besides these, the trailing price-to-sales (P/S) ratio of 12.05, the price-to-book (PB) ratio of 0.78.
In the three months ended June 29, ReWalk Robotics Ltd.’s quick ratio stood at 17.90, while its current ratio was 18.70, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 34.10% percent. Based on annual data, RWLK earned $2.9 million in gross profit and brought in $5.97 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -14.30%. Return on equity (ROE) for the past 12 months was -21.90%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. RWLK’s revenue fell -121.35% to $1.57 million during the quarter, while net income inched up to $0.89 million. While analysts expected ReWalk Robotics Ltd. to report -$0.04 quarterly earnings, the actual figure was -$0.07 per share, beating the consensus estimate by -75.00%. During the quarter, the company generated -$5.38 million in EBITDA. The liabilities of ReWalk Robotics Ltd. were 5.18 million at the end of its most recent quarter ended June 29, and its total debt was $0.82 million. The value of shareholders’ equity is $62.02 million.
This quick technical analysis looks at ReWalk Robotics Ltd.’s (RWLK) price momentum. With a historical volatility rate of 57.37%, the RSI 9-day stood at 57.02% on 23 November.
With respect to its five-day moving average, the current ReWalk Robotics Ltd. price is up by +2.79% percent or $0.0255. At present, RWLK shares trade +0.07% above its 20-day simple moving average and -1.68% percent below its 100-day simple moving average. However, the stock is currently trading approximately +0.90% above its SMA50 and -19.79% below its SMA200.
Stochastic coefficient K was 31.89% and Stochastic coefficient D was 27.85%, while ATR was 0.0610. Given the Stochastic reading of 55.26% for the 14-day period, the RSI (14) reading has been calculated as 54.48%.
ReWalk Robotics Ltd. downgraded its rating on ReWalk Robotics Ltd. (NASDAQ: RWLK) to an Underweight in a note to investors on April 03, 2017. The analysts firm previously had an Equal weight rating on the stock.