Microbot Medical Inc (NASDAQ:MBOT) price is hovering higher on current market day and jumping 2.82% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $2.49. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.38 and 52-week low of $0.82. The stock added 1.59% on its value in the past month.
Microbot Medical Inc, which has a market valuation of $93.13 million, is expected to release its quarterly earnings report in July.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned MBOT a recommendation rating as follows: 0 rate it as a Hold; 1 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Microbot Medical Inc (MBOT) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that MBOT’s price is at present -2.97% off the SMA20 and 8.52% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 49.84, with weekly volatility standing at 7.24%. The indicator jumps to 4.95% when calculated based on the past 30 days. Microbot Medical Inc (NASDAQ:MBOT)’s beta value is holding at 1.14, while the average true range (ATR) indicator is currently reading 0.22.
An analysis of the Microbot Medical Inc (NASDAQ:MBOT) stock in terms of its daily trading volume indicates that the 3-month average is 2.52 million.
Current records show that the company has 36.38M in outstanding shares. The insiders’ percentage holdings are 1.09% of outstanding shares while the percentage share held by institutions stands at 11.05%. But the 128.58% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
