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Microbot Medical Inc. (MBOT) Shares Decline Despite Market Challenges

Microbot Medical Inc. (NASDAQ: MBOT)’s stock price has gone decline by -12.79 in comparison to its previous close of 2.19, however, the company has experienced a 60.50% increase in its stock price over the last five trading days.

Is It Worth Investing in Microbot Medical Inc. (NASDAQ: MBOT) Right Now?

The 36-month beta value for MBOT is also noteworthy at 3.17. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The average price estimated by analysts for MBOT is $8.00, which is $6.09 above than the current price. The public float for MBOT is 7.65M, and at present, short sellers hold a 0.61% of that float. The average trading volume of MBOT on May 25, 2023 was 3.43M shares.

MBOT’s Market Performance

MBOT’s stock has seen a 60.50% increase for the week, with a 25.66% rise in the past month and a -30.55% fall in the past quarter. The volatility ratio for the week is 56.35%, and the volatility levels for the past 30 days are at 24.37% for Microbot Medical Inc. The simple moving average for the past 20 days is 38.35% for MBOT’s stock, with a -45.93% simple moving average for the past 200 days.

MBOT Trading at 8.41% from the 50-Day Moving Average

After a stumble in the market that brought MBOT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -69.83% of loss for the given period.

Volatility was left at 24.37%, however, over the last 30 days, the volatility rate increased by 56.35%, as shares surge +25.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.33% lower at present.

During the last 5 trading sessions, MBOT rose by +60.50%, which changed the moving average for the period of 200-days by -62.70% in comparison to the 20-day moving average, which settled at $1.40. In addition, Microbot Medical Inc. saw -36.54% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for MBOT

Equity return is now at value -159.70, with -127.90 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 4.26.

Conclusion

In summary, Microbot Medical Inc. (MBOT) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.