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Is ReWalk Robotics a Buy Under $2? By StockNews

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© Reuters. ReWalk Robotics: A Buy Below $2

ReWalk Robotics is a penny-stock trading below $2. Although it’s expected to increase revenue quickly, the stock is still a high-risk investment due to its high valuation and negative profit margins. For investors who have a high tolerance for risk, penny stocks can be a good investment option. This type of company usually has a market capitalization less than $1 million and can grow your investments at an exponential pace. The flexibility of a smaller company allows it to enter new markets and pivot toward a different business.

Today I’ll take a look at ReWalk Robotics (RWLK) to see if it is currently a good investment. ReWalk Robotics (RWLK) is a medical device firm that develops, manufactures, and sells robotic exoskeletons. The company has a market cap less than $75 millions.

ReWalk Personal is a product line that includes ReWalk Rehabilitation and ReWalk Personal for spinal cord injury patients. ReStore, a soft exosuit used to assist those with lower limb impairments, is offered by the company. They are sold direct to third-party purchasers, as well as individuals, institutions, distributors, as well as individual customers.

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