Microbot Medical Inc (NASDAQ: MBOT) is 35.71% higher on its value in year-to-date trading and has touched a low of $0.82 and a high of $3.38 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MBOT stock was last observed hovering at around $1.59 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $1.52, the stock is 0.46% and -12.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing -4.40% at the moment leaves the stock 25.47% off its SMA200. MBOT registered 27.73% gain for a year compared to 6-month gain of 78.82%. The firm has a 50-day simple moving average (SMA 50) of $1.7464 and a 200-day simple moving average (SMA200) of $1.20955.
The stock witnessed a 0.00% loss in the last 1 month and extending the period to 3 months gives it a 55.98%, and is -8.98% down 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 9.39% over the week and 8.44% over the month.
Microbot Medical Inc (MBOT) has around 21 employees, a market worth around $52.81M and $0.00M in sales. Distance from 52-week low is 85.37% and -55.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-320.44%).
The EPS is expected to grow by 26.76% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
45.0 institutions hold shares in Microbot Medical Inc (MBOT), with institutional investors hold 7.60% of the company’s shares. The shares outstanding are 34.74M, and float is at 31.69M with Short Float at 16.17%. Institutions hold 7.47% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.46 million shares valued at $0.47 million. The investor’s holdings represent 3.2694 of the MBOT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 0.14 million shares valued at $0.14 million to account for 0.9253 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 0.12 million shares representing 0.8078 and valued at over $0.12 million, while ALPHACENTRIC ADVISORS LLC holds 0.6736 of the shares totaling 100000.0 with a market value of $0.1 million.
