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

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Rewalk Robotics Ltd (NASDAQ:RWLK) reached a new 52-week low during trading on Thursday . The company traded as low as $0.21 and last traded at $0.21, with a volume of 367821 shares traded. The stock had previously closed at $0.21.

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

The stock has a market cap of $7.32 million, a PE ratio of -0.20 and a beta of 0.60.

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

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Rewalk Robotics Company Profile (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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