The stock of Rewalk Robotics Ltd (NASDAQ:RWLK) is a huge mover today! The stock increased 5.21% or $0.3 on October 3, hitting $6.06. About 83,076 shares traded hands or 61.96% up from the average. Rewalk Robotics Ltd (NASDAQ:RWLK) has declined 44.75% since February 29, 2016 and is downtrending. It has underperformed by 56.97% the S&P500.
The move comes after 8 months positive chart setup for the $76.97M company. It was reported on Oct, 4 by Barchart.com. We have $13.88 PT which if reached, will make NASDAQ:RWLK worth $99.29 million more.
Analysts await Rewalk Robotics Ltd (NASDAQ:RWLK) to report earnings on November, 3. They expect $-0.57 earnings per share, down 7.55% or $0.04 from last year’s $-0.53 per share. After $-0.74 actual earnings per share reported by Rewalk Robotics Ltd for the previous quarter, Wall Street now forecasts -22.97% EPS growth.
Rewalk Robotics Ltd (NASDAQ:RWLK) Ratings Coverage
Out of 3 analysts covering Rewalk Robotics (NASDAQ:RWLK), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Rewalk Robotics has been the topic of 7 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The firm earned “Hold” rating on Friday, August 14 by Zacks. Piper Jaffray initiated the stock with “Overweight” rating in Friday, July 15 report. Zacks upgraded the shares of RWLK in a report on Tuesday, September 8 to “Hold” rating. The firm earned “Buy” rating on Monday, August 10 by Jefferies. As per Tuesday, August 25, the company rating was upgraded by Zacks.
According to Zacks Investment Research, “ReWalk Robotics Ltd. develops, manufactures and markets wearable robotic exoskeletons for individuals with spinal cord injury. The Company’s exoskeletons allow wheelchair-bound individuals with mobility impairments or other medical conditions the ability to stand and walk once again. It offers ReWalk Personal for everyday use to individuals at home and in their communities; and ReWalk Rehabilitation for exercise and therapy to individuals with lower limb disabilities in the clinical rehabilitation environment. ReWalk Robotics Ltd. is headquartered in Yokneam Ilit, Israel.”
More notable recent Rewalk Robotics Ltd (NASDAQ:RWLK) news were published by: Marketwatch.com which released: “Plus the latest data from Realtor.com on 21 home markets across the US” on September 12, 2014, also Globenewswire.com with their article: “Lawsuit for Investors in ReWalk Robotics Ltd (NASDAQ:RWLK) shares announced by …” published on September 27, 2016, Prnewswire.com published: “U.S. Department of Veterans Affairs Issues National Coverage Policy for ReWalk …” on December 17, 2015. More interesting news about Rewalk Robotics Ltd (NASDAQ:RWLK) were released by: Prnewswire.com and their article: “ReWalk Robotics Achieves Milestone of 100 Personal Systems Sold” published on September 07, 2016 as well as Quotes.Wsj.com‘s news article titled: “News ReWalk Robotics Ltd.RWLK” with publication date: September 07, 2014.
RWLK Company Profile
ReWalk Robotics Ltd., incorporated on June 20, 2001, is a medical device company. The Firm is engaged in designing, developing and commercializing exoskeletons that allow wheelchair-bound individuals with mobility impairments or other medical conditions the ability to stand and walk. It offers ReWalk, an exoskeleton that uses its tilt-sensor technology, and an on-board computer and motion sensors to drive motorized legs that power movement. ReWalk creates focus on people with paraplegia, a spinal cord injury resulting in complete or incomplete paralysis of the legs, who have the use of their upper bodies and arms. It offers various products, which include ReWalk Personal and ReWalk Rehabilitation.
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