Check-Cap Ltd. (NASDAQ: CHEK) is 254.35% higher on its value in year-to-date trading and has touched a low of $0.24 and a high of $2.93 in the current 52-week trading range. The CHEK stock was last observed hovering at around $1.63 in the last trading session, with the day’s loss setting it -0.05% off its average median price target of $1.50 for the next 12 months. It is also -5.33% off the consensus price target high of $1.50 offered by 1 analysts, but current levels are -5.33% lower than the price target low of $1.50 for the same period.
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Currently trading at $1.58, the stock is 30.90% and 130.23% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.22 million and changing -3.07% at the moment leaves the stock 186.02% off its SMA200. CHEK registered -22.75% loss for a year compared to 6-month loss of 115.87%. The firm has a 50-day simple moving average (SMA 50) of $0.8676 and a 200-day simple moving average (SMA200) of $0.5303.
The stock witnessed a 410.97% gain in the last 1 month and extending the period to 3 months gives it a 354.67%, and is 8.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.59% over the week and 25.44% over the month.
Distance from 52-week low is 550.21% and -46.08% from its 52-week high.
Check-Cap Ltd. (CHEK) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Check-Cap Ltd. (CHEK) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Check-Cap Ltd. is expected to release its quarterly report on 05/20/2021 and quarterly earnings per share for the current quarter are estimated at -$0.07.The EPS is expected to grow by 33.60% this year.
Check-Cap Ltd. (CHEK) Top Institutional Holders
14 institutions hold shares in Check-Cap Ltd. (CHEK), with 3.97M shares held by insiders accounting for 8.59% while institutional investors hold 4.89% of the company’s shares. The shares outstanding are 46.24M, and float is at 42.68M with Short Float at 3.18%. Institutions hold 4.47% of the Float.
The top institutional shareholder in the company is Citadel Advisors LLC with over 0.18 million shares valued at $65596.0. The investor’s holdings represent 3.41% of the CHEK Shares outstanding. As of Sep 29, 2020, the second largest holder is Fosun International Ltd with 0.13 million shares valued at $45985.0 to account for 2.39% of the shares outstanding. The other top investors are Perritt Capital Management, Inc. which holds 75050.0 shares representing 1.41% and valued at over $27055.0, while UBS Group AG holds 0.89% of the shares totaling 47208.0 with a market value of $17018.0.
Check-Cap Ltd. (CHEK): Who are the competitors?
The company’s main competitors (and peers) include ResMed Inc. (RMD) that is trading 32.05% up over the past 12 months. Short interest in the company’s stock has risen 42.67% from the last report on Nov 29, 2020 to stand at a total of 0.78 million short shares sold with a short interest ratio of 0.27.