Alert: Major Price Advance (8/15/24)-ReWalk Robotics Ltd (NASDAQ: RWLK).

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ReWalk Robotics Ltd (NASDAQ: RWLK) stock closed at $4.07 on 8/15/24 after a major increase of 30.7%. Moreover, exceptionally high trading volume at 779% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 10.9% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, RWLK is expected to continue to be Value Creation neutral.

ReWalk Robotics has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. ReWalk Robotics has a very low Power Rating of 13 and a very low Appreciation Score of 2, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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