StockNews.com Initiates Coverage on Check-Cap (NASDAQ:CHEK)

StockNews.com initiated coverage on shares of Check-Cap (NASDAQ:CHEK) in a report issued on Saturday morning. The brokerage issued a sell rating on the medical research company’s stock.

Check-Cap Stock Up 53.2 %

CHEK stock opened at $1.77 on Friday. Check-Cap has a 52-week low of $0.56 and a 52-week high of $3.45. The stock has a market cap of $10.36 million, a price-to-earnings ratio of -0.59 and a beta of 0.17. The business has a fifty day moving average of $0.95 and a two-hundred day moving average of $1.51.

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.