Check-Cap Ltd. [CHEK] stock is up 8.35 while the S&P 500 has fallen -1.17% on Wednesday, 11/18/20. While at the time of this article, CHEK ATR is sitting at 0.03, with the beta value at 0.18. This stock’s volatility for the past week remained at 10.42%, while it was 9.44% for the past 30-day period. CHEK has risen $0.03 from the previous closing price of $0.28 on volume of 1.91 million shares.

On 18, November 2020, Check-Cap Reports Third Quarter 2020 Financial Results and Corporate Highlights. According to news published on Yahoo Finance, Submitted Investigational Device Exemption (IDE) application to the FDA for Pivotal Study of C-Scan®.

Analyst Birdseye View:

The most recent analyst activity for Check-Cap Ltd. [NASDAQ:CHEK] stock was on January 11, 2018, when it was Reiterated with a Buy rating from H.C. Wainwright, which also raised its 12-month price target on the stock from $5.50 to $6. On November 28, 2017, H.C. Wainwright Reiterated a Buy rating and plunged its price target on this stock from $7 to $5.50. On September 28, 2017, H.C. Wainwright Reiterated a Buy rating and increased its price target from $6 to $7. On January 19, 2017, Rodman & Renshaw Initiated a Buy rating and increased its price target to $6. On August 01, 2016, Maxim Group Reiterated a Buy rating and boosted its amount target on this stock to $6. On May 20, 2016, Chardan Capital Markets Reiterated a Buy rating and decreased its target amount on this stock from $6 to $4. On March 16, 2016, Chardan Capital Markets Reiterated a Buy rating and amplified its amount target to $6.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.24 and a peak of $2.37. Right now, the middling Wall Street analyst 12-month amount mark is $2.00. At the most recent market close, shares of Check-Cap Ltd. [NASDAQ:CHEK] were valued at $0.31.

FUNDAMENTAL ANALYSIS

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 6.49 and the whole liability to whole assets at 4.59. It shows enduring liability to the whole principal at 3.16 and enduring liability to assets at 0.02 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 0.2849 points at 1st support level, the second support level is making up to 0.2638. But as of 1st resistance point, this stock is sitting at 0.3230 and at 0.3400 for 2nd resistance point.

Check-Cap Ltd. [CHEK] reported its earnings at -$0.09 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.08/share signifying the difference of -0.01 and -12.50% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.12 calling estimates for -$0.16/share with the difference of 0.04 depicting the surprise of 25.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Check-Cap Ltd. [NASDAQ:CHEK] is 3.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 2.87. Now if looking for a valuation of this stock’s amount to book ratio is 2.28.