Shares of Rewalk Robotics Ltd (NASDAQ:RWLK) 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 changing hands. The stock had previously closed at $0.21.
Several analysts have issued reports on the company. ValuEngine lowered Rewalk Robotics from a “hold” rating to a “sell” rating in a report on Friday. Oppenheimer set a $2.00 price target on Rewalk Robotics and gave the company a “buy” rating in a report on Friday, August 24th. Finally, Zacks Investment Research lowered Rewalk Robotics from a “buy” rating to a “hold” rating in a report on Thursday, October 25th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. Rewalk Robotics has an average rating of “Hold” and an average price target of $1.85.
The company has a market capitalization of $7.32 million, a price-to-earnings ratio of -0.20 and a beta of 0.60.
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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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