Koshinski Asset Management Inc. Makes New Investment in ReWalk Robotics Ltd. (NASDAQ:RWLK)


Share on StockTwits

Koshinski Asset Management Inc. acquired a new position in ReWalk Robotics Ltd. (NASDAQ:RWLK) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,634 shares of the medical device company’s stock, valued at approximately $206,000.

Separately, Zacks Investment Research downgraded ReWalk Robotics from a “buy” rating to a “hold” rating in a research note on Tuesday, January 12th.

Shares of ReWalk Robotics stock opened at $3.39 on Tuesday. The stock has a market cap of $83.93 million, a price-to-earnings ratio of -2.69 and a beta of 3.63. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.56 and a current ratio of 3.05. The stock has a 50 day moving average price of $2.70 and a 200-day moving average price of $1.60. ReWalk Robotics Ltd. has a one year low of $0.41 and a one year high of $6.00.

ReWalk Robotics (NASDAQ:RWLK) last announced its earnings results on Thursday, February 18th. The medical device company reported ($0.14) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.14). ReWalk Robotics had a negative return on equity of 103.56% and a negative net margin of 312.35%. Sell-side analysts predict that ReWalk Robotics Ltd. will post -0.83 earnings per share for the current fiscal year.

ReWalk Robotics Profile

ReWalk Robotics Ltd., a medical device company, designs, develops, and commercializes robotic exoskeletons for individuals with mobility impairments or other medical conditions. It 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.

Featured Article: What is the significance of the death cross?

Want to see what other hedge funds are holding RWLK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ReWalk Robotics Ltd. (NASDAQ:RWLK).

Institutional Ownership by Quarter for ReWalk Robotics (NASDAQ:RWLK)

Receive News & Ratings for ReWalk Robotics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ReWalk Robotics and related companies with MarketBeat.com's FREE daily email newsletter.