Shares Of Microbot Medical Inc (NASDAQ: MBOT) Inclined 197.39% In One Month

Microbot Medical Inc (NASDAQ:MBOT) has a beta value of 1.49 and has seen 9.02 million shares traded in the last trading session. The company, currently valued at $47.92M, closed the last trade at $2.83 per share which meant it lost -$0.01 on the day or -0.35% during that session. The MBOT stock price is -19.43% off its 52-week high price of $3.38 and 71.02% above the 52-week low of $0.82. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.97 million shares traded. The 3-month trading volume is 1.75 million shares.

The consensus among analysts is that Microbot Medical Inc (MBOT) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.

Microbot Medical Inc (NASDAQ:MBOT) trade information

Sporting -0.35% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the MBOT stock price touched $2.83 or saw a rise of 16.27%. Year-to-date, Microbot Medical Inc shares have moved 152.68%, while the 5-day performance has seen it change 139.83%. Over the past 30 days, the shares of Microbot Medical Inc (NASDAQ:MBOT) have changed 197.39%. Short interest in the company has seen 0.57 million shares shorted with days to cover at 2.65.

Microbot Medical Inc (MBOT) estimates and forecasts

Figures show that Microbot Medical Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 162.04% over the past 6 months, with this year growth rate of 37.14%, compared to 14.80% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 15.28% over the past 5 years.

MBOT Dividends

Microbot Medical Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Microbot Medical Inc (NASDAQ:MBOT)’s Major holders

Insiders own 1.43% of the company shares, while shares held by institutions stand at 7.46% with a share float percentage of 7.57%. Investors are also buoyed by the number of investors in a company, with Microbot Medical Inc having a total of 36.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 0.46 million shares worth more than $0.47 million. As of 2024-06-30, VANGUARD GROUP INC held 3.2694% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 0.14 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.14 million and represent 0.9773% of shares outstanding.