Check-Cap Ltd. (NASDAQ:CHEK – Get Free Report) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.94 and traded as low as $0.80. Check-Cap shares last traded at $0.91, with a volume of 40,498 shares changing hands.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on shares of Check-Cap in a research report on Tuesday. They set a “sell” rating on the stock.
Check-Cap Trading Down 4.5 %
Check-Cap Company Profile
Check-Cap Ltd., a clinical stage medical diagnostics company, engages in the development of a capsule-based screening technology that utilizes ultra-low-dose X-rays to scan the inner lining of the colon for precancerous polyps, and other structural abnormalities in Israel. Its C-Scan system consists of C-Scan Cap, an X-ray scanning capsule for detection of suspected polyps; C-Scan Track, a disposable system attached to the patient's back through biocompatible adhesive skin patches; and C-Scan View software, a client/server-based application that enables procedure data download from the C-Scan Track, data analysis, and report generation.
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