Check-Cap (NASDAQ:CHEK) Coverage Initiated by Analysts at StockNews.com

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

Check-Cap Stock Down 4.3 %

Shares of NASDAQ CHEK opened at $1.80 on Friday. The stock has a market capitalization of $10.53 million, a P/E ratio of -0.59 and a beta of 0.40. The firm’s 50-day moving average price is $1.95 and its two-hundred day moving average price is $2.14. Check-Cap has a 52-week low of $1.77 and a 52-week high of $4.63.

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.