Check Cap Ltd (CHEK) Scheduled to Post 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.
Check Cap Ltd (NASDAQ:CHEK) opened at 1.82 on Wednesday. The firm’s market capitalization is $22.30 million. Check Cap Ltd has a one year low of $0.97 and a one year high of $3.72. The firm has a 50-day moving average price of $1.99 and a 200 day moving average price of $1.98.
Several brokerages have weighed in on CHEK. Zacks Investment Research lowered Check Cap from a “buy” rating to a “hold” rating in a report on Wednesday, July 20th. Maxim Group increased their price objective on Check Cap from $6.00 to $11.00 and gave the company a “buy” rating in a report on Monday, August 1st.
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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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