In the latest trading session,, 10.71 million Check-Cap Ltd (NASDAQ:CHEK) shares changed hands as the company’s beta touched 0.06. With the company’s most recent per share price at $2.31 changing hands around $0.34 or 17.56% at last look, the market valuation stands at $13.51M. CHEK’s current price is a discount, trading about -100.0% off its 52-week high of $4.62. The share price had its 52-week low at $1.25, which suggests the last value was 45.89% up since then. When we look at Check-Cap Ltd’s average trading volume, we note the 10-day average is 7080.0 shares, with the 3-month average coming to 25.75K.
Check-Cap Ltd (NASDAQ:CHEK) trade information
Instantly CHEK is in green as seen in intraday trades today. With action 24.17%, the performance over the past five days has been green. The jump to weekly highs of 2.6700 added 17.56% to the stock’s daily price. The company’s shares are showing year-to-date upside of 11.06%, with the 5-day performance at 24.17% in the green. However, in the 30-day time frame, Check-Cap Ltd (NASDAQ:CHEK) is 3.12% up. Looking at the short shares, we see there were 14220.0 shares sold at short interest cover period of 0.9 days.
Check-Cap Ltd (CHEK) estimates and forecasts
Data shows that the Check-Cap Ltd share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -48.09% over the past 6 months, a 17.80% in annual growth rate that is considerably higher than the industry average of 14.10%. Moreover, analysts have looked to lower expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for Check-Cap Ltd will fall -38.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 29.57%. The 2024 estimates are for Check-Cap Ltd earnings to increase by 4.45%.
CHEK Dividends
Check-Cap Ltd is expected to release its next quarterly earnings report between March 29 and April 02.
Check-Cap Ltd (NASDAQ:CHEK)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 12.12% of Check-Cap Ltd shares while 1.13% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.28%. There are 1.13% institutions holding the Check-Cap Ltd stock share, with Nantahala Capital Management, LLC the top institutional holder. As of Dec 30, 2023, the company held 1.14% of the shares, roughly 66800.0 CHEK shares worth $0.16 million.
Dimensional Fund Advisors LP holds the second largest percentage of outstanding shares, with 0.25% or 14898.0 shares worth $35011.0 as of Dec 30, 2023.
Among Mutual Funds, the top two as of Oct 30, 2023 were DFA U.S. Micro Cap Series and Fidelity NASDAQ Composite Index Fund. With 14898.0 shares estimated at $35011.0 under it, the former controlled 0.25% of total outstanding shares. On the other hand, Fidelity NASDAQ Composite Index Fund held about 0.05% of the shares, roughly 2932.0 shares worth around $6890.0.
