Trading volume for Rewalk Roboti Ord Sh was 3,913K in the last trading session. Volume was up 479.34% over the stocks average daily volume.
Short traders are more bearish on the company lately looking at the increase in short interest. The firm saw a rise in short interest of 1.67% between September 29, 2017 and October 13, 2017. Short interest increased 27,934 over that period. With short interest at 1,701,508 and short average daily volume at 126,133, days to cover is 13.0 and the short interest percentage is 0.06% as of October 13.
Here are a few substantial investment firms who have updated their positions. As of the end of the quarter Wealthtrust-arizona, LLC had acquired 500 shares growing its position 23.8%. The value of the total investment in Rewalk Roboti Ord Sh went from $4,000 to $4,000 a change of $0 quarter to quarter. As of quarter end Essex Investment Management CO LLC had bought a total of 120,362 shares growing its stake by 328.7%. The value of the company’s investment in Rewalk Roboti Ord Sh increased from $64,000 to $228,000 a change of 256.3% quarter over quarter.
Morgan Stanley bolstered its position by buying 320 shares an increase of 66.7% as of 09/30/2017. Morgan Stanley now holds 800 shares worth $1,000. The value of the position overall is down by 0.0%. Renaissance Technologies LLC added to its holdings by buying 32,700 shares an increase of 18.5% from 06/30/2017 to 09/30/2017. Renaissance Technologies LLC controls 209,300 shares with a value of $303,000. The total value of its holdings decreased 1.9%.
November 6 investment analysts at Canaccord Genuity maintained a company rating of “Buy” projecting a price of $3.00. Jefferies Group LLC lowered the price target of the stock on November 3 changing the price objective from $8.00 to $5.00 and issued a “Buy” recommendation.
Equity analyst Oppenheimer Holdings updated guidance on RWLK and giving a rating of “Buy” and setting a price target of $4.00. Equity analyst Canaccord Genuity lowered the price target on August 4 cutting the projection from $4.00 to $3.00 and stated a “Buy” rating.
The company is trading up by 1.83% since yesterday’s close of 1.18. Rewalk Roboti Ord Sh’s P/E ratio is N/A and market cap is 34.61M. As of the latest earnings report the EPS was $-1.59 with 28.92M shares outstanding.
ReWalk Robotics Ltd., launched on June 20, 2001, is a medical device company. The Company is involved in designing, developing and commercializing exoskeletons that allow individuals with mobility impairments or other medical conditions the ability to stand and walk once again. The offers ReWalk, which is an exoskeleton that uses its tilt-sensor technology and an on-board computer and motion sensors to drive motorized legs that power movement. ReWalk designs are intended for people with paraplegia, a spinal cord injury resulting in complete or incomplete paralysis of the legs, having the use of their upper bodies and arms. Designed for all-day use and worn over the clothes of users, ReWalk consists of a light wearable exoskeleton with integrated motors at the joints, an array of sensors and a backpack or waist pack that contains the batteries and the computer-based control system. The control system utilizes algorithms to analyze upper-body motions and trigger and maintain gait patterns and other modes of operation (such as stair-climbing and shifting from sitting to standing), leaving the user’s hands free for self-support and other functions..