Rewalk Robotics (RWLK) Reaches New 1-Year Low at $0.21

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.

Rewalk Robotics (NASDAQ:RWLK) last released its quarterly earnings data on Thursday, November 8th. The medical device company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.01. The firm had revenue of $1.62 million during the quarter, compared to analyst estimates of $2.12 million. Rewalk Robotics had a negative return on equity of 3,654.32% and a negative net margin of 352.11%. Sell-side analysts anticipate that Rewalk Robotics Ltd will post -0.67 EPS for the current 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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