Rewalk Robotics (RWLK) Sets New 12-Month Low at $0.21

Rewalk Robotics Ltd (NASDAQ:RWLK)’s share price reached a new 52-week low during trading on Friday . The company traded as low as $0.21 and last traded at $0.22, with a volume of 864909 shares trading hands. The stock had previously closed at $0.23.

A number of equities analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Rewalk Robotics from a “hold” rating to a “buy” rating and set a $1.25 price objective for the company in a research report on Thursday, August 30th. Oppenheimer set a $2.00 price objective on shares of Rewalk Robotics and gave the company a “buy” rating in a research report on Friday, August 24th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $1.85.

The company has a market cap of $8.23 million, a price-to-earnings ratio of -0.23 and a beta of 0.77.

Rewalk Robotics (NASDAQ:RWLK) last announced its earnings results on Thursday, November 8th. The medical device company reported ($0.13) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.01. The business had revenue of $1.62 million for the quarter, compared to the consensus estimate of $2.12 million. Rewalk Robotics had a negative net margin of 352.11% and a negative return on equity of 3,654.32%. On average, sell-side analysts expect that Rewalk Robotics Ltd will post -0.67 EPS 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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