The Short Interest in Ekso Bionics Holdings, Inc. (EKSO) Drops By 22.5%

Lloyd Doyle
November 28, 2017

(EKSO) stock's current distance from 20-Day Simple Moving Average is 70.04% and moving 107.02% away from 50-Day Simple Moving Average while traded up 37.29% from 200-Day Simple Moving Average. The share last price represents downtick move of -41.22% in value from company's 52-Week high price and shows 190.91% above change in value from its 52-Week low price. The recent price momentum makes it one stock to watch in recent days.

Technical Indicators of Ekso Bionics Holdings, Inc. (NASDAQ:EKSO) Performing Well? Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. During the last month, the stock has changed 84.35% and performed 100.00% over the last 6 months. (EKSO) has made a move of +161.82% over the past month, which has come on weak relative transaction volume. Zacks Investment Research raised shares of Ekso Bionics Holdings from a "sell" rating to a "hold" rating and set a $2.25 price target on the stock in a research note on Tuesday, May 9th.

Additionally on 9/16/16 B. Riley "Initiates Coverage on" Ekso Bionics Holdings Inc (NASDAQ:EKSO) to Buy setting price target at $8 and on 3/25/15 Sterne Agee "Initiates Coverage on" the stock to Buy at $1.8. Trend analysis is based on historical data about the stock's performance given the overall trends of the market and particular indicators within the market.

Valued now at $2.88, the vast majority of Wall Street analysts continue to say it's a hold. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". The Mean Recommendation is the average rating on a stock by the analyst community.

Is EKSO Technically Strong Enough? Institutional investors and hedge funds own 1.86% of the company's stock.

Volatility is a statistical measure of the dispersion of returns for a given security or market index.

A moving average can help cut down the amount of "noise" on a price chart. When we look at the Volatility of the company, Week Volatility is at 7.49% whereas Month Volatility is at 4.86%.

COPYRIGHT VIOLATION WARNING: "Ekso Bionics Holdings, Inc". (NASDAQ:EKSO)'s 14-day Relative Strength Index (RSI) has reached 63.03, putting it inside a neutral zone. If the RSI is traveling up and it is between 40 and 80, it is probably an indication of an uptrend. If it moves below 30 and fails to remain below, it could be an indication that the market is oversold and poised to become bullish, at least in the short term. The current trading volume of 4.33 sits 147.43% higher than the past 3 month's readings, indicating near-term traders have been more active toward EKSO than usual of late. 5,309,117 shares of the company's stock were exchanged, compared to its average volume of 878,484. These types of traders like to get in well ahead of a large spike, so it's always a smart move to monitor unusual volume. It is now trading 2.02% off that level.

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