Microbot Medical Inc’s (NASDAQ: MBOT) -10.44% Decline Frightens Investors Off The Stock

Microbot Medical Inc (NASDAQ:MBOT) traded at $2.23 at close of the session on Monday, April 21 and made a downward move of -10.44% on its previous day’s price.

Looking at the stock we see that its previous close was $2.49 and the beta (5Y monthly) reads 1.4 with the day’s price range being $2.21 – $2.5322. In terms of its 52-week price range, MBOT has a high of $3.38 and a low of $0.82. The company’s stock has gained about 34.34% over that past 30 days.

Microbot Medical Inc has a market cap of $77.48 million and is expected to release its quarterly earnings report on 2025-Mar-24.

On the other hand, looking at the outlook for the MBOT stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.

Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Microbot Medical Inc (MBOT) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is 23.75% off its SMA20 and 29.07% from its 50-day simple moving average. The RSI (14) is pointing at 61.04 while the volatility over the past week is 14.73% and jumps to 13.77% over the past one month. The beta value is 0.86, while the average true range (ATR) is currently pointing at 0.26.

Coming back to Microbot Medical Inc (NASDAQ:MBOT), we note that the average 3-month trading volume was 3.20 million, while that of the preceding 10-day period stands at 7.69 million. Current shares outstanding are 34.74 million.

The insiders hold 8.78% of the company’s shares while institutions hold 6.91%. The data shows that short shares as of 2025-03-31, stood at 5.42 million at a short ratio of 6.02. This represents a 1567.00 short interest in shares outstanding on 2025-03-31. Shares short rose in March from the previous month at 5.02 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 99.11% up in year-to-date price movement.

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