A Reversal for ReWalk Robotics Ltd. (RWLK) Is Not Near. The Stock Rises Again

ReWalk Robotics Ltd. (NASDAQ:RWLK) Logo

The stock of ReWalk Robotics Ltd. (NASDAQ:RWLK) is a huge mover today! The stock increased 7.99% or $0.25 during the last trading session, reaching $3.38. About 599,902 shares traded. ReWalk Robotics Ltd. (NASDAQ:RWLK) has declined 82.71% since August 15, 2018 and is downtrending. It has underperformed by 82.71% the S&P500.
The move comes after 6 months positive chart setup for the $24.64M company. It was reported on Aug, 15 by Barchart.com. We have $3.68 PT which if reached, will make NASDAQ:RWLK worth $2.22 million more.

More notable recent ReWalk Robotics Ltd. (NASDAQ:RWLK) news were published by: Seekingalpha.com which released: “Rewalk Robotics Ltd (RWLK) CEO Lawrence Jasinski on Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” on May 07, 2019, also Seekingalpha.com with their article: “ReWalk Robotics (RWLK) CEO Lawrence Jasinski on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on November 11, 2018, Globenewswire.com published: “ReWalk Robotics Reports Second Quarter 2019 Financial Results – GlobeNewswire” on August 08, 2019. More interesting news about ReWalk Robotics Ltd. (NASDAQ:RWLK) were released by: Seekingalpha.com and their article: “ReWalk up 19% on exoskeleton reimbursement – Seeking Alpha” published on April 25, 2019 as well as Globenewswire.com‘s news article titled: “ReWalk Robotics Announces Closing of Registered Direct Offering for $5.0 Million Priced At-the-Market – GlobeNewswire” with publication date: June 12, 2019.

ReWalk Robotics Ltd., a medical device company, designs, develops, and commercializes exoskeletons for wheelchair-bound individuals with mobility impairments or other medical conditions. The company has market cap of $24.64 million. The firm offers ReWalk Personal for everyday use to paraplegic individuals at home and in their communities; and ReWalk Rehabilitation for exercise and therapy used in hospitals and rehabilitation centers in the United States and Europe. It currently has negative earnings. ReWalk Robotics Ltd. markets and sells its products directly to institutions and individuals, as well as through third-party distributors.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.