What is the stock price trajectory of Microbot Medical Inc (MBOT)?

At the time of writing, Microbot Medical Inc [MBOT] stock is trading at $1.11, up 11.00%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MBOT shares have gain 14.02% over the last week, with a monthly amount glided 12.12%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Microbot Medical Inc [NASDAQ: MBOT] stock has seen the most recent analyst activity on January 13, 2020, when H.C. Wainwright reiterated its Buy rating and also boosted its price target to $26 from $12. Previously, H.C. Wainwright reaffirmed its Buy rating on December 24, 2019, and elevated its price target to $12. On January 31, 2018, Ladenburg Thalmann initiated with a Buy rating and assigned a price target of $1.75 on the stock.

For the past year, the stock price of Microbot Medical Inc fluctuated between $0.82 and $2.35. Microbot Medical Inc [NASDAQ: MBOT] shares were valued at $1.11 at the most recent close of the market.

Analyzing the MBOT fundamentals

Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at -72.27%, Pretax Profit Margin comes in at -78.91%, and Net Profit Margin reading is -78.91%. To continue investigating profitability, this company’s Return on Assets is posted at -2.15, Equity is -2.18 and Total Capital is -2.67.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.0500 points at the first support level, and at 0.9900 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1550, and for the 2nd resistance point, it is at 1.2000.

Ratios To Look Out For

It is important to note that Microbot Medical Inc [NASDAQ:MBOT] has a current ratio of 3.64. Also, the Quick Ratio is 3.64, while the Cash Ratio stands at 0.35.

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