Rewalk Robotics Ltd (RWLK) Short Interest Update
Rewalk Robotics Ltd (NASDAQ:RWLK) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 2,267,279 shares, a drop of 49.2% from the February 15th total of 4,467,308 shares. Currently, 3.9% of the company’s shares are sold short. Based on an average trading volume of 5,949,919 shares, the days-to-cover ratio is presently 0.4 days.
RWLK stock opened at $0.24 on Friday. The company has a quick ratio of 2.04, a current ratio of 2.46 and a debt-to-equity ratio of 3.59. The firm has a market cap of $16.64 million, a price-to-earnings ratio of -0.41 and a beta of 1.79. Rewalk Robotics has a 52-week low of $0.16 and a 52-week high of $1.35.
Rewalk Robotics (NASDAQ:RWLK) last posted its earnings results on Friday, February 8th. The medical device company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.04. The company had revenue of $1.58 million during the quarter. Rewalk Robotics had a negative return on equity of 3,654.32% and a negative net margin of 331.18%.
Separately, ValuEngine raised Rewalk Robotics from a “hold” rating to a “buy” rating in a research note on Monday, February 4th.
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About Rewalk Robotics
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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