What Next for ReWalk Robotics Ltd. (RWLK) Stock After Today’s Significant Increase?

ReWalk Robotics Ltd. (NASDAQ:RWLK) Logo

The stock of ReWalk Robotics Ltd. (NASDAQ:RWLK) is a huge mover today! The stock increased 7.99% or $0.25 during the last trading session, reaching $3.38. About 599,902 shares traded. ReWalk Robotics Ltd. (NASDAQ:RWLK) has declined 82.71% since August 15, 2018 and is downtrending. It has underperformed by 82.71% the S&P500.
The move comes after 6 months positive chart setup for the $24.64M company. It was reported on Aug, 15 by Barchart.com. We have $3.68 PT which if reached, will make NASDAQ:RWLK worth $2.22 million more.

More notable recent ReWalk Robotics Ltd. (NASDAQ:RWLK) news were published by: Globenewswire.com which released: “ReWalk Robotics Reports Fourth Quarter 2018 Financial Results – GlobeNewswire” on February 08, 2019, also Seekingalpha.com with their article: “ReWalk Robotics readies equity offering; shares down 9% after hours – Seeking Alpha” published on February 20, 2019, Globenewswire.com published: “ReWalk Robotics Reports First Quarter 2019 Financial Results – GlobeNewswire” on May 07, 2019. More interesting news about ReWalk Robotics Ltd. (NASDAQ:RWLK) were released by: Globenewswire.com and their article: “ReWalk Robotics Announces Proposed Public Offering of Ordinary Shares – GlobeNewswire” published on February 20, 2019 as well as Seekingalpha.com‘s news article titled: “SCYNEXIS and ReWalk Robotics among healthcare gainers; Stellar Biotechnologies and ChemoCentryx among losers – Seeking Alpha” with publication date: June 05, 2019.

ReWalk Robotics Ltd., a medical device company, designs, develops, and commercializes exoskeletons for wheelchair-bound individuals with mobility impairments or other medical conditions. The company has market cap of $24.64 million. The firm offers ReWalk Personal for everyday use to paraplegic individuals at home and in their communities; and ReWalk Rehabilitation for exercise and therapy used in hospitals and rehabilitation centers in the United States and Europe. It currently has negative earnings. ReWalk Robotics Ltd. markets and sells its products directly to institutions and individuals, as well as through third-party distributors.

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