RWLK has been the topic of several other research reports. Jefferies Group decreased their price target on Rewalk Robotics from $8.00 to $5.00 and set a buy rating on the stock in a research note on Friday, November 3rd. Zacks Investment Research raised Rewalk Robotics from a hold rating to a buy rating and set a $1.50 price target on the stock in a research note on Thursday, November 9th. Finally, Canaccord Genuity reissued a buy rating and issued a $3.00 price objective on shares of Rewalk Robotics in a research note on Monday, November 6th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of $2.80.
Rewalk Robotics (RWLK) opened at $1.10 on Tuesday. The company has a quick ratio of 1.65, a current ratio of 2.02 and a debt-to-equity ratio of 7.46. The firm has a market capitalization of $31.82, a P/E ratio of -0.69 and a beta of 0.79. Rewalk Robotics has a one year low of $1.05 and a one year high of $3.60.
Several hedge funds have recently bought and sold shares of the company. Renaissance Technologies LLC boosted its position in Rewalk Robotics by 61.7% during the first quarter. Renaissance Technologies LLC now owns 78,600 shares of the medical device company’s stock valued at $165,000 after purchasing an additional 30,000 shares during the last quarter. Essex Investment Management Co. LLC boosted its position in Rewalk Robotics by 328.7% during the third quarter. Essex Investment Management Co. LLC now owns 156,981 shares of the medical device company’s stock valued at $228,000 after purchasing an additional 120,362 shares during the last quarter. Finally, Advisor Group Inc. boosted its position in Rewalk Robotics by 1,495.6% during the third quarter. Advisor Group Inc. now owns 181,900 shares of the medical device company’s stock valued at $264,000 after purchasing an additional 170,500 shares during the last quarter. 3.23% of the stock is owned by institutional investors.
Rewalk Robotics Company Profile
ReWalk Robotics Ltd. is a medical device company. The Company is engaged in designing, developing and commercializing exoskeletons that allow individuals with mobility impairments or other medical conditions the ability to stand and walk once again. The Company offers ReWalk, which is an exoskeleton that uses its tilt-sensor technology and an on-board computer and motion sensors to drive motorized legs that power movement.
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