Check-Cap Ltd. (NASDAQ:CHEK) Scheduled to Post Quarterly Earnings on Monday
Check-Cap Ltd. (NASDAQ:CHEK) is scheduled to be announcing its earnings results after the market closes on Monday, August 14th. Analysts expect the company to announce earnings of ($0.16) per share for the quarter.
Check-Cap Ltd. (NASDAQ CHEK) opened at 1.83 on Monday. Check-Cap Ltd. has a 52 week low of $1.24 and a 52 week high of $3.42. The stock’s market cap is $28.60 million. The firm’s 50-day moving average is $1.87 and its 200 day moving average is $2.08.
Several research firms have commented on CHEK. ValuEngine cut Check-Cap from a “sell” rating to a “strong sell” rating in a report on Friday. Zacks Investment Research cut Check-Cap from a “buy” rating to a “hold” rating in a report on Friday, June 16th. Finally, Maxim Group restated a “buy” rating on shares of Check-Cap in a report on Tuesday, May 30th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $5.00.
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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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