Rewalk Robotics (RWLK) Sees Large Volume Increase

Rewalk Robotics Ltd (NASDAQ:RWLK) saw unusually-high trading volume on Thursday . Approximately 4,202,871 shares traded hands during mid-day trading, a decline of 44% from the previous session’s volume of 7,499,691 shares.The stock last traded at $0.24 and had previously closed at $0.23.

Separately, ValuEngine lowered shares of Rewalk Robotics from a “hold” rating to a “sell” rating in a report on Friday, December 7th.

The company has a debt-to-equity ratio of 3.59, a current ratio of 2.46 and a quick ratio of 2.04. The company has a market capitalization of $16.64 million, a price-to-earnings ratio of -0.41 and a beta of 1.79.

Rewalk Robotics (NASDAQ:RWLK) last posted its quarterly earnings results on Friday, February 8th. The medical device company reported ($0.10) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.14) by $0.04. Rewalk Robotics had a negative return on equity of 3,654.32% and a negative net margin of 331.18%. The business had revenue of $1.58 million during the quarter.

A hedge fund recently bought a new stake in Rewalk Robotics stock. Geode Capital Management LLC bought a new stake in shares of Rewalk Robotics Ltd (NASDAQ:RWLK) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 284,311 shares of the medical device company’s stock, valued at approximately $49,000. Geode Capital Management LLC owned about 0.79% of Rewalk Robotics as of its most recent filing with the Securities and Exchange Commission. 6.51% of the stock is owned by hedge funds and other institutional investors.

WARNING: “Rewalk Robotics (RWLK) Sees Large Volume Increase” was originally posted by Markets Daily and is the property of of Markets Daily. If you are reading this piece of content on another website, it was illegally copied and republished in violation of United States and international trademark & copyright law. The original version of this piece of content can be read at

About Rewalk Robotics (NASDAQ:RWLK)

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 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.

Featured Article: Hedge Funds

Receive News & Ratings for Rewalk Robotics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rewalk Robotics and related companies with's FREE daily email newsletter.