Rewalk Robotics Ltd (NASDAQ:RWLK)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $0.21 and last traded at $0.21, with a volume of 367821 shares trading hands. The stock had previously closed at $0.21.
RWLK has been the subject of several analyst reports. Oppenheimer set a $2.00 target price on shares of Rewalk Robotics and gave the company a “buy” rating in a research note on Friday, August 24th. Zacks Investment Research upgraded shares of Rewalk Robotics from a “hold” rating to a “buy” rating and set a $1.25 target price for the company in a research note on Thursday, August 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. Rewalk Robotics currently has an average rating of “Hold” and an average price target of $1.85.
The company has a market cap of $7.55 million, a PE ratio of -0.20 and a beta of 0.60.
Rewalk Robotics (NASDAQ:RWLK) last posted its quarterly earnings data on Thursday, November 8th. The medical device company reported ($0.13) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.14) by $0.01. The company had revenue of $1.62 million during the quarter, compared to analysts’ expectations of $2.12 million. Rewalk Robotics had a negative net margin of 352.11% and a negative return on equity of 3,654.32%. As a group, equities research analysts predict that Rewalk Robotics Ltd will post -0.67 earnings per share for the current fiscal year.
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About Rewalk Robotics (NASDAQ:RWLK)
ReWalk Robotics Ltd., a medical device company, designs, develops, and commercializes exoskeletons for wheelchair-bound individuals with mobility impairments or other medical conditions. The company offers ReWalk Personal for everyday use to paraplegic individuals at home and in their communities; and ReWalk Rehabilitation for exercise and therapy used in hospitals and rehabilitation centers in the United States and Europe.
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