Anastas Gegov

Ekso Bionics Holding (OTCBB:EKSO) Hesitating After Upward Run

by Anastas Gegov September 2, 2015

 

  • cash: $16.2 million
  • current assets: $22.1 million
  • current liabilities: $8.3 million
  • quarterly revenues: $2.1 million
  • quarterly net loss: $5.6 million

 

Still, at these price levels the market cap of the company is closing in on $150 million so the ticker began to hesitate. After a red finish of last week we saw EKSO close 5.84% in the green this Monday. Yesterday, however, the ticker lost 4.14% of its value and closed at $1.39 while a total of 704 thousand shares were traded and generated $1.01 million in daily dollar volume.

 

Today we see EKSO a bit lower, but it seems like the ticker is a bit more stable. In any case, the company has some great potential, but that should not stop you from doing your due diligence and weighing out the risks before making any trades involving its stock.

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