During the recent session, Check-Cap Ltd. (NASDAQ:CHEK)’s traded shares were 0.51 million, with the beta value of the company hitting 0.39. At the last check today, the stock’s price was $0.32, reflecting an intraday loss of -1.16% or $0.0. The 52-week high for the CHEK share is $1.69, that puts it down -428.12 from that peak though still a striking 9.38% gain since the share price plummeted to a 52-week low of $0.29. The company’s market capitalization is $38.26M, and the average intraday trading volume over the past 10 days was 0.55 million shares, and the average trade volume was 610.09K shares over the past three months.
Check-Cap Ltd. (CHEK) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 2.00. CHEK has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.05.
Check-Cap Ltd. (NASDAQ:CHEK) trade information
Check-Cap Ltd. (CHEK) registered a -1.16% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.16% in intraday trading to $0.32 this Wednesday, 06/22/22, hitting a weekly high. The stock’s 5-day price performance is -10.45%, and it has moved by -4.62% in 30 days. Based on these gigs, the overall price performance for the year is -80.26%. The short interest in Check-Cap Ltd. (NASDAQ:CHEK) is 2.16 million shares and it means that shorts have 4.19 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.00, which implies an increase of 84.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.00 and $3.00 respectively. As a result, CHEK is trading at a discount of -837.5% off the target high and -212.5% off the low.
Check-Cap Ltd. (CHEK) estimates and forecasts
Statistics show that Check-Cap Ltd. has underperformed its competitors in share price, compared to the industry in which it operates. Check-Cap Ltd. (CHEK) shares have gone down -53.95% during the last six months, with a year-to-date growth rate less than the industry average at -23.81% against 3.00. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 16.70% this quarter and then drop -50.00% in the quarter after that.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 50.90%. While earnings are projected to return 54.50% in 2022.
Check-Cap Ltd. is due to release its next quarterly earnings between August 03 and August 08. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Check-Cap Ltd. (NASDAQ:CHEK)’s Major holders
Check-Cap Ltd. insiders own 3.20% of total outstanding shares while institutional holders control 1.51%, with the float percentage being 1.56%. Sabby Management, LLC is the largest shareholder of the company, while 28 institutions own stock in it. As of Mar 30, 2022, the company held over 0.88 million shares (or 16.42% of all shares), a total value of $0.34 million in shares.
The next largest institutional holding, with 0.2 million shares, is of Citadel Advisors Llc’s that is approximately 3.74% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $77438.0.
Also, the Mutual Funds coming in first place with the largest holdings of Check-Cap Ltd. (CHEK) shares are Perritt Ultra MicroCap Fund and Fidelity NASDAQ Composite Index Fund. Data provided on Jan 30, 2022 indicates that Perritt Ultra MicroCap Fund owns about 0.12 million shares. This amounts to just over 2.25 percent of the company’s overall shares, with a $68388.0 market value. The same data shows that the other fund manager holds slightly less at 58636.0, or about 1.10% of the stock, which is worth about $21167.0.