Check-Cap Ltd (NASDAQ:CHEK) traded at $1.64 at close of the session on current trade day and made an upward move of 21.48% on its previous day’s price.
Looking at the stock we see that its previous close was $1.35 and the beta (5Y monthly) reads 0.179 with the day’s price range being $1.35 – $2.0. In terms of its 52-week price range, CHEK has a high of $3.45 and a low of $0.56. The company’s stock has gained about 102.47% over that past 30 days.
Check-Cap Ltd has a market cap of $9.60 million and is expected to release its quarterly earnings report in February.
On the other hand, looking at the outlook for the CHEK stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is 59.87% off its SMA20 and 69.71% from its 50-day simple moving average. The RSI (14) is pointing at 59.14 while the volatility over the past week is 40.20% and jumps to 40.47% over the past one month. The beta value is 0.06, while the average true range (ATR) is currently pointing at 0.37.
Coming back to Check-Cap Ltd (NASDAQ:CHEK), we note that the average 3-month trading volume was 1.20 million, while that of the preceding 10-day period stands at 7.46 million. Current shares outstanding are 5.85 million.
The insiders hold 25.06% of the company’s shares while institutions hold 0.18%. The data shows that short shares as of 2024-12-13, stood at 9845.0 at a short ratio of 0.67. This represents a 19.00 short interest in shares outstanding on 2024-12-13. Shares short fall in December from the previous month at 12069.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 65.67% up in year-to-date price movement.
