Check-Cap Ltd (NASDAQ:CHEK) does about 1.17M shares in volume on a normal day but saw 1995385 shares change hands in the recent trading day. The company now has a market cap of 12.11M USD. Its current market price is $1.35, marking a decrease of -23.73% compared to the previous close of $1.77. The 52 week high reached by this stock is $3.45 whilst the lowest price level in 52 weeks is $0.56.
Check-Cap Ltd (CHEK) has a 20-day trading average at $0.9828 and the current price is -60.87% off the 52-week high compared with 141.07% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.9566 and its 200-day simple moving average is $1.7442. If we look at the stock’s price movements over the week, volatility stands at 34.33%, which increases to 38.31% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 55.03 to suggest the stock is neutral.
The consensus objective for the share price is $7.00, suggesting that the stock has a potential upside of 80.71% over the period.
H.C. Wainwright reiterated its price target at $7-$5.50.
The current price level is 37.36%, 41.13%, and -22.60% away from its SMA20, SMA50, and SMA200 respectively, with the CHEK price moving below the 50-day SMA on current market day. Check-Cap Ltd (CHEK) stock is up 22.73% over the week and 63.64% over the past month. Its price is 36.38% year-to-date and -32.50% over the past year.
To reach the target analysts have set, the stock logically needs to grow 80.71 percent from here.
The company has a return on investment of -74.17%. The beta has a value of 0.05. Price to book ratio is 0.33.