Technical Outlook And Game Plan For Microbot Medical Inc (NASDAQ: MBOT)

Microbot Medical Inc (MBOT) concluded trading on Wednesday at a closing price of $1.65, with 33.22 million shares of worth about $54.82 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 79.35% during that period and on April 09, 2025 the price saw a gain of about 18.71%. Currently the company’s common shares owned by public are about 34.74M shares, out of which, 31.69M shares are available for trading.

Stock saw a price change of -2.94% in past 5 days and over the past one month there was a price change of 16.20%. Year-to-date (YTD), MBOT shares are showing a performance of 47.32% which increased to 41.03% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.82 but also hit the highest price of $3.38 during that period. The average intraday trading volume for Microbot Medical Inc shares is 2.38 million. The stock is currently trading 5.13% above its 20-day simple moving average (SMA20), while that difference is down -1.70% for SMA50 and it goes to 33.62% higher than SMA200.

Microbot Medical Inc (NASDAQ: MBOT) currently have 34.74M outstanding shares and institutions hold larger chunk of about 6.91% of that.

The stock has a current market capitalization of $57.32M and its 3Y-monthly beta is at 1.18. It has posted earnings per share of -$0.73 in the same period. It has Quick Ratio of 2.37 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MBOT, volatility over the week remained 18.64% while standing at 10.77% over the month.

Analysts are in expectations that Microbot Medical Inc (MBOT) stock would likely to be making an EPS of -0.15 in the current quarter, while forecast for next quarter EPS is -0.16 and it is 0 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.15 which is -0.15 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.17 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 26.76%.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by H.C. Wainwright on January 13, 2020 offering a Buy rating for the stock and assigned a target price range of between $12 and $26 to it. Coverage by H.C. Wainwright stated Microbot Medical Inc (MBOT) stock as a Buy in their note to investors on December 24, 2019, suggesting a price target of $12 for the stock.

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