Check-Cap (CHEK) Downgraded by Zacks Investment Research to Hold

Check-Cap stock has undergone multiple analysts rating changes in the recent past.  Check-Cap Downgraded by Zacks Investment Research on 10/11/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Buy.

Shares of Check-Cap traded down -$0.02 on Monday, reaching $0.84. 371299 shares of the stock traded hands, compared to its average volume of 807549. Shares of Check-Cap were trading at $0.84 on Monday. The firm’s 50 day moving average is $1.00 and its 200 day moving average is $1.39.Check-Cap has a 12 month low of $0.83 and a 12 month high of $4.49. While on yearly highs and lows, Check-Cap’s today has traded high as $0.86 and has touched $0.83 on the downward trend. See More Analyst Rating at: RATING

Check-Cap Earnings and What to expect: 

Check-Cap last posted its earnings results on August 5th, 2021. The medical research company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by $0.01. Check-Cap has generated ($0.08) earnings per share over the last year (($0.66) diluted earnings per share). Earnings for Check-Cap are expected to grow in the coming year, from ($0.20) to ($0.17) per share. Check-Cap has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, November 17th, 2021 based off prior year’s report dates.

Earnings for Check-Cap are expected to grow in the coming year, from ($0.20) to ($0.17) per share. The P/E ratio of Check-Cap is -1.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Check-Cap is -1.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Check-Cap has a P/B Ratio of 2.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Check-Cap (CHEK) Moving Average Technical Analysis

5 day Moving Average is $0.84 And 5 day price change is $0.01 (0.98%)  with average volume for 5 day average is 560,460. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $0.92 and 20 day price change is -$0.17 (-16.99%) and average 20 day moving volume is 764,320. 50 day moving average is $1.00  and 50 day price change is -$0.26 ( -23.78%)  and with average volume for 50 days is : 902,326. 200 day moving average is $1.39  and 200 day price change is $0.45 (115.14%)  and with average volume for 200 days is : 9,794,080.

Other owners latest trading in Check-Cap :

  • On 9/17/2021 shares held by Virtu Financial LLC were 186,807 which equates to market value of $0.24M and appx 0.00% owners of Check-Cap
  • On 8/13/2021 shares held by Renaissance Technologies LLC were 492,500 which equates to market value of $0.63M and appx 0.00% owners of Check-Cap
  • On 8/13/2021 shares held by Geode Capital Management LLC were 58,636 which equates to market value of $75K and appx 0.00% owners of Check-Cap
  • In total Institutional ownership equates to Institutional Ownership Percentage: 10.93% for Check-Cap

See More Analyst Rating at: RATING