Dawson James slashes price target on Check-Cap Ltd [CHEK] – find out why.

Caleb Clifford

Check-Cap Ltd [NASDAQ: CHEK] gained 8.73% on the last trading session, reaching $0.75 price per share at the time.

Check-Cap Ltd represents 5.85 million in outstanding shares, while the company has a total market value of $4.36 million with the latest information. CHEK stock price has been found in the range of $0.686 to $0.7602.

If compared to the average trading volume of 179.42K shares, CHEK reached a trading volume of 4521084 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Check-Cap Ltd [CHEK]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CHEK shares is $7.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CHEK stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Dawson James have made an estimate for Check-Cap Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 05, 2019. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price from $5.50 to $6. The new note on the price target was released on January 11, 2018, representing the official price target for Check-Cap Ltd stock. Previously, the target price had yet another drop from $7 to $5.50, while H.C. Wainwright kept a Buy rating on CHEK stock. On September 28, 2017, analysts increased their price target for CHEK shares from 6 to 7.

Trading performance analysis for CHEK stock

Check-Cap Ltd [CHEK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.33. With this latest performance, CHEK shares gained by 9.85% in over the last four-week period, additionally sinking by -4.31% over the last 6 months – not to mention a drop of -24.65% in the past year of trading.

Check-Cap Ltd (CHEK) Capital Structure & Debt Analysis

Check-Cap Ltd (CHEK) Efficiency & Liquidity Metrics

Check-Cap Ltd (CHEK) Efficiency & Liquidity Metrics

Check-Cap Ltd [CHEK]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Check-Cap Ltd posted -0.63/share EPS, while the average EPS was predicted by analysts to be reported at -0.98/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.35. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CHEK.

An analysis of Institutional ownership at Check-Cap Ltd [CHEK]

There are presently around $1.73%, or 2.18%% of CHEK stock, in the hands of institutional investors.

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