Rewalk Robotics (NASDAQ:RWLK) released its quarterly earnings results on Friday. The medical device company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.04, Morningstar.com reports. 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 $1.58 million during the quarter.
Shares of NASDAQ RWLK remained flat at $$0.28 during midday trading on Friday. The stock had a trading volume of 8,567,807 shares, compared to its average volume of 9,670,836. Rewalk Robotics has a 12-month low of $0.16 and a 12-month high of $1.35. The stock has a market cap of $9.85 million, a P/E ratio of -0.28 and a beta of 1.88.
A number of brokerages have recently weighed in on RWLK. ValuEngine upgraded Rewalk Robotics from a “hold” rating to a “buy” rating in a research note on Monday, February 4th. Zacks Investment Research downgraded Rewalk Robotics from a “buy” rating to a “hold” rating in a research note on Thursday, October 25th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. Rewalk Robotics presently has a consensus rating of “Hold” and a consensus target price of $1.56.
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Rewalk Robotics Company Profile
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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