Sell-side Analyst PT & Stock Updates on CASI Pharmaceuticals, Inc. (NASDAQ:CASI) & Microbot Medical Inc. (:MBOT)

Stock research firms currently have a positive stance on shares of CASI Pharmaceuticals, Inc. (NASDAQ:CASI). Analysts are projecting that the stock will reach $3.00 on a short term (1 year) basis.

The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. 

Performance
At the time of writing, the stock was trading at $1.50. This represents a change from most recent open price of 14.50%. In terms of performance, year to date, the stock is 30.43%. The monthly stock performance comes in at 53.06%. For the quarter, shares are performing at 63.04%. Weekly performance analysis shows the equity at 42.86%.

Technicals
In taking a look at technical levels, shares are trading 45.82% away from the 50 day simple moving average and 28.10% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -14.77% away from it’s 52- week high and 64.84% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, CASI Pharmaceuticals, Inc.’s RSI stands at 85.31. In looking at volatility levels, the shares saw weekly volatility of 18.01% and 8.63% over the past month.

Brokerage firms currently have a positive stance on shares of Microbot Medical Inc. (:MBOT). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. Those same analysts are projecting that the stock will reach $198.00 on a short term basis.

Microbot Medical Inc. (:MBOT) shares typically trade an average volume of 938.18 and institutions hold 12.40% of the total shares.  

MOVING AVERAGES

We see here that the stock is 15.51% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of 5.03% from current levels.  Further back, their 200-Day Simple Moving Average is -70.34% difference from today’s price.  Currently, the stock is -21.94% from its 50-Day High and 21.00% from the 50-day low. 

Microbot Medical Inc. (:MBOT)‘s stock has performed at -80.16%.  Breaking that down further, it has performed 18.63% for the week, 6.14% for the month, -28.40% over the last quarter, -80.33% for the past half-year and -90.60% for this last year. 

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