Notable News to Watch: Ekso Bionics Holdings (NASDAQ:EKSO)

Ekso Bionics Holdings (NASDAQ:EKSO)  stock identified change of -1.74% away from 52-week low price and recently located move of -84.71% off 52-week high price. It has market worth of $29.25M. EKSO stock has been recorded -32.58% away from 50 day moving average and -67.89% away from 200 day moving average. Moving closer, we can see that shares have been trading -29.34% off 20-day moving average.

On Dec. 20, 2019, Ekso Bionics Holdings (NASDAQ:EKSO) an industry leader in exoskeleton technology for medical and industrial use, released the closing of its previously declared registered direct offering of 11,111,116 shares of its common stock and warrants to purchase up to 8,333,337 shares of its common stock, at a combined purchase price of $0.45 per share and associated warrant, for aggregate gross proceeds of approximately $5.0 million.

H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

The warrants issued in the offering have an exercise price of $0.5402 per share and exercise period commencing six months and one day from the issuance date and a term of five and one-half years.

About Ekso Bionics®

Ekso Bionics® is a leading developer of exoskeleton solutions that amplify human potential by supporting or enhancing strength, endurance and mobility across medical and industrial applications. Founded in 2005, the Company continues to build upon its unparalleled expertise to design some of the most cutting-edge, innovative wearable robots available on the market. Ekso Bionics is the only exoskeleton company to offer technologies that range from helping those with paralysis to stand up and walk, to enhancing human capabilities on job sites across the globe. The Company is headquartered in the San Francisco Bay Area and is listed on the Nasdaq Capital Market under the symbol EKSO.

The Healthcare sector company, Ekso Bionics Holdings noticed change of -5.59% to $0.39 along volume of 1931313 shares in recent session compared to an average volume of 401.25K. The stock observed return of -33.21% in 5 days trading activity. The stock was at -26.42% over one month performance. EKSO’s shares are at -24.70% for the quarter and driving a -73.47% return over the course of the past year and is now at -68.55% since this point in 2018.

The average volatility for the week at 9.27% and for month was at 7.09%. There are 75.00M shares outstanding and 74.28M shares are floated in market. Right now the stock beta is 1.49.

Timothy Bowers is a stock trader and Analyst writer. His current focus is top trending News. He scans the wall street market and then cover the top trending stock. In addition to content writing, Timothy is an SEO Expert and Digital marketer. He has the expertise to deliver a wide range of projects and the experience to understand the quality of work required.

Address: 1884 Hopkins Landing Road, Quincy, FL 32351, USA


Zip Code: 32351

Phone Number: 850-655-1866 

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