Check-Cap Ltd. (NASDAQ:CHEK) traded at a new 52-week high today of $19.77. Approximately 301.1 million shares have changed hands today, as compared to an average 30-day volume of 1.7 million shares.
Check-Cap Ltd is a clinical-stage medical diagnostics company 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 is developing C-Scan, the first capsule-based system for preparation-free, colorectal cancer screening. Its scanning capsule will be swallowed and propelled by natural motility through the gastrointestinal tract and excreted naturally with no need for retrieval for data collection.
Check-Cap Ltd. has overhead space with shares priced $0.39, or 47.6% below the average consensus analyst price target of $0.74.
In the past 52 weeks, Check-Cap Ltd. share prices are bracketed by a current low of $0.24 and a high of $1.91 and is now at $0.39.
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