Check-Cap (NASDAQ:CHEK) Share Price Crosses Below Fifty Day Moving Average of $2.25

Shares of Check-Cap Ltd. (NASDAQ:CHEK) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $2.25 and traded as low as $2.12. Check-Cap shares last traded at $2.24, with a volume of 38,390 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Check-Cap in a research report on Tuesday. They issued a “sell” rating for the company.

Check-Cap Price Performance

The stock has a market capitalization of $13.10 million, a price-to-earnings ratio of -0.75 and a beta of 0.44. The business has a fifty day moving average of $2.25 and a 200 day moving average of $2.25.

Check-Cap (NASDAQ:CHEK) last released its quarterly earnings data on Wednesday, May 15th. The medical research company reported ($0.62) EPS for the quarter. On average, equities research analysts expect that Check-Cap Ltd. will post -0.68 EPS for the current year.

Check-Cap Company Profile

Check-Cap Ltd., a clinical stage medical diagnostics company, engages in the development of a capsule-based screening technology that utilizes ultra-low-dose X-rays to scan the inner lining of the colon for precancerous polyps, and other structural abnormalities in Israel. Its C-Scan system consists of C-Scan Cap, an X-ray scanning capsule for detection of suspected polyps; C-Scan Track, a disposable system attached to the patient's back through biocompatible adhesive skin patches; and C-Scan View software, a client/server-based application that enables procedure data download from the C-Scan Track, data analysis, and report generation.