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

StockNews.com assumed coverage on shares of Check-Cap (NASDAQ:CHEK) in a research note issued to investors on Saturday. The brokerage set a “sell” rating on the medical research company’s stock.

Check-Cap Price Performance

Shares of CHEK opened at $1.77 on Friday. The stock has a market capitalization of $10.36 million, a PE ratio of -0.59 and a beta of 0.25. The business’s fifty day moving average price is $0.95 and its 200 day moving average price is $1.51. Check-Cap has a 12-month low of $0.56 and a 12-month high of $3.45.

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.