CEO Jasinski Lawrence J sold 392 shares in ReWalk Robotics Ltd. (NASDAQ:RWLK) for $182,238 in transaction occurred on 2018/11/28. After making this transaction, the CEO owns a direct stake of 94 shares, worth $43,737, as per the last closing price. On 2018/08/24 Jasinski Lawrence J, CEO at RWLK, dumped 383 shares at an average price of $1.03 per share. The selling total is valued at $43,978.
Separately, it had been reported that some other RWLK insiders also took part of the insider trading activity. CEO, Jasinski Lawrence J had divested 1,584 shares for $183,626 through a trade on 2018/06/27. Following this activity, the insider holds 1,568 shares worth $44,070 as of recent close.
ReWalk Robotics Ltd. (RWLK) trading activity significantly improved as the volume at ready counter increased to 8,734,355 shares versus 3,820,170 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 6,071,163 shares. The share price rose 10.5% in recent trade and currently has a stock-market value of $10.5M. The shares finished at $0.24, after trading as low as $0.2165 earlier in the session. It hit an intraday high Friday at $0.257. The stock is now 50% above against its bear-market low of $0.16 on December 21, 2018. It has retreated -462.5% since it’s 52-week high of $1.35 reached in July. Now the market price is down -78% on the year and up 39% YTD.
RWLK’s 50 day simple moving average (SMA 50) price is $0.33 and its 200-day simple moving average (SMA 200) price is $0.82. The company’s stock currently has a total float of 42.37M shares. Its weekly volatility is hovering around 16.19% and felt 13% volatility in price over a month. On the upside, the share price will test short term resistance at around $0.26. On a downside, the stock is likely to find some support, which begins at $0.22. The failure to get near-term support could push it to $0.2.
It had seen a negative analyst call from Barclays, which downgraded the stock from Equal Weight to Underweight on April 03. Analysts at Oppenheimer, started covering the stock on December 16 with a Outperform rating. Analysts at Piper Jaffray, made their first call about the stock on July 15, recommending it is Overweight.
It’s also not liquid in the near term, with a current ratio of 0.9. The stock has a debt/capital of 0.
Shares of ReWalk Robotics Ltd. (RWLK) have dropped -64.2% since the recent earnings report. Over the past 5 fiscal quarters, ReWalk Robotics Ltd. (NASDAQ:RWLK) has topped consensus earnings estimates in 4 quarters (33%), missed earnings in 0 quarters (0%), whereas at 1 occasion EPS met analyst expectations. RWLK last reported earnings on November 08, 2018 when it released Sep-18 results that exceeded expectations. The company raked in -$0.13 per share, -98.18% change on the same period last year. That was better than consensus for -$0.14. Revenue for the recent quarter stood at $1.62 million, down -6% on last year and below the $2.16 million predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $12.26 million to $12.73 million, which should be compared with $19.31 million generated last year. EPS is seen in a range of $25.29 to $0.55.