7.69% volatility in Microbot Medical Inc (MBOT) last month: This is a red flag warning

Zack King

Microbot Medical Inc (NASDAQ: MBOT) on Monday, plunged -8.30% from the previous trading day, before settling in for the closing price of $2.41. Within the past 52 weeks, MBOT’s price has moved between $0.93 and $4.67.

A company in the Healthcare sector has jumped its sales by 15.51% annually for the last half of the decade. The company achieved an average annual earnings per share of 58.22%. With a float of $67.02 million, this company’s outstanding shares have now reached $67.16 million.

Microbot Medical Inc (MBOT) Insider Updates

Observing investor behavior towards Medical Instruments & Supplies industry stocks is more important than anything else. The insider ownership of Microbot Medical Inc is 0.20%, while institutional ownership is 13.57%.

Microbot Medical Inc (MBOT) Performance Highlights and Predictions

As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.2 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.18) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 58.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.25% during the next five years compared to 15.51% growth over the previous five years of trading.

Microbot Medical Inc (NASDAQ: MBOT) Trading Performance Indicators

Microbot Medical Inc (MBOT) is currently performing well based on its current performance indicators. A quick ratio of 27.53 was reported for the most recent quarter.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.45, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.34 in one year’s time.

Technical Analysis of Microbot Medical Inc (MBOT)

Let’s dig in a bit further. During the last 5-days, its volume was 1.98 million. That was inferior than the volume of 3.4 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 55.86%.

During the past 100 days, Microbot Medical Inc’s (MBOT) raw stochastic average was set at 17.17%, which indicates a significant decrease from 50.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.17 in the past 14 days, which was lower than the 0.24 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.38, while its 200-day Moving Average is $2.54. However, in the short run, Microbot Medical Inc’s stock first resistance to watch stands at $2.37. Second resistance stands at $2.53. The third major resistance level sits at $2.61. If the price goes on to break the first support level at $2.13, it is likely to go to the next support level at $2.05. Assuming the price breaks the second support level, the third support level stands at $1.89.

Microbot Medical Inc (NASDAQ: MBOT) Key Stats

Market capitalization of the company is 148.42 million based on 67,158K outstanding shares. Right now, sales total 0 K and income totals -11,440 K. The company made 0 K in profit during its latest quarter, and -3,580 K in sales during its previous quarter.

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