Check-Cap Ltd [CHEK] stock prices are up 35.61% to $1.05 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CHEK shares have gain 21.95% over the last week, with a monthly amount drifted -22.22%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, H.C. Wainwright reaffirmed its Buy rating on January 11, 2018, and elevated its price target to $6. On November 28, 2017, H.C. Wainwright reiterated its Buy rating and revised its price target to $5.50 on the stock. H.C. Wainwright reiterated its Buy rating and increased its price target to $7 on September 28, 2017. Rodman & Renshaw initiated its recommendation with a Buy and recommended $6 as its price target on January 19, 2017. Maxim Group reiterated a Buy rating for this stock on August 01, 2016, and downed its price target to $6. In a note dated May 20, 2016, Chardan Capital Markets reiterated an Buy rating on this stock and revised its target price from $6 to $4.
The stock price of Check-Cap Ltd [CHEK] has been fluctuating between $0.56 and $3.45 over the past year. Check-Cap Ltd [NASDAQ: CHEK] shares were valued at $1.05 at the most recent close of the market.
Analyzing the CHEK fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.25, Equity is -0.24 and Total Capital is -0.3.
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 0.7533 points at the first support level, and at 0.4567 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4333, and for the 2nd resistance point, it is at 1.8167.
Ratios To Look Out For
It’s worth pointing out that Check-Cap Ltd [NASDAQ:CHEK]’s Current Ratio is 18.69. On the other hand, the Quick Ratio is 18.69, and the Cash Ratio is 6.65.
