Anastas Gegov

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

by Anastas Gegov September 2, 2015

Ekso Bionics Holding (OTCBB:EKSO, EKSO message board) had a pretty good performance in the second half of the past month after it briefly dropped below the $1 per share mark on August 17, reaching its lowest trading prices since the beginning of the year.


The ticker not only managed to climb back above it but strongly continued up the charts, reaching as high as $1.45 per share on August 27. The fact that such a positive performance can be triggered by an analyst article and without any substantial news coming from the company itself isn’t that surprising, considering the impressive numbers that EKSO has to offer in its report for the second quarter of the year.


  • 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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