Check Cap Ltd (CHEK) PT Raised to $11.00 at Maxim Group

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Check Cap Ltd (NASDAQ:CHEK) had its target price boosted by equities research analysts at Maxim Group from $6.00 to $11.00 in a research report issued to clients and investors on Monday. The firm presently has a “buy” rating on the stock. Maxim Group’s target price would indicate a potential upside of 433.95% from the stock’s current price.
CHEK has been the topic of a number of other research reports. Zacks Investment Research downgraded shares of Check Cap from a “buy” rating to a “hold” rating in a research note on Wednesday, July 20th. Chardan Capital decreased their price target on shares of Check Cap from $6.00 to $4.00 and set a “buy” rating on the stock in a research note on Friday, May 20th.
Shares of Check Cap (NASDAQ:CHEK) traded down 0.9567% during mid-day trading on Monday, hitting $2.0601. 41,078 shares of the company’s stock were exchanged. Check Cap has a 52 week low of $0.97 and a 52 week high of $3.80. The company’s market capitalization is $25.24 million. The firm has a 50 day moving average price of $1.87 and a 200-day moving average price of $2.19.

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About Check Cap
Check-Cap Ltd. (Check-Cap) is a clinical-stage medical diagnostics company. The Company is engaged in the development of an ingestible imaging capsule that utilizes low-dose X-rays for the detection and imaging of colonic polyps and colorectal cancers, or CRC. The Company’s system consists of main components, such as ingestible scanning capsule; Capsule Positioning System (CPS), a recorder worn on the patient’s back, and a personal computer (PC)-based work station for data reconstruction and image processing.

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