Check Cap Ltd (CHEK) to Release Earnings on Thursday
Check Cap Ltd (NASDAQ:CHEK) is set to post its quarterly earnings results on Thursday, October 20th. Analysts expect Check Cap to post earnings of ($0.19) per share for the quarter.
Shares of Check Cap Ltd (NASDAQ:CHEK) opened at 1.84 on Tuesday. The firm’s 50-day moving average price is $2.00 and its 200-day moving average price is $1.99. Check Cap Ltd has a one year low of $0.97 and a one year high of $3.72. The firm’s market cap is $22.55 million.
Several equities analysts have recently issued reports on the company. Maxim Group boosted their price objective on Check Cap from $6.00 to $11.00 and gave the stock a “buy” rating in a research report on Monday, August 1st. Zacks Investment Research downgraded Check Cap from a “buy” rating to a “hold” rating in a research report on Wednesday, July 20th.
Check Cap Company Profile
Check-Cap Ltd. (Check-Cap) is a clinical-stage medical diagnostics company. The Company is engaged in the development of an ingestible imaging capsule that utilizes low-dose X-rays for the detection and imaging of colonic polyps and colorectal cancers, or CRC. The Company’s system consists of main components, such as ingestible scanning capsule; Capsule Positioning System (CPS), a recorder worn on the patient’s back, and a personal computer (PC)-based work station for data reconstruction and image processing.
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