NASDAQ: EKSO, The Bionics Holdings: A Worthwhile Investment?

Admin@ | July 17, 2020 | 0 | Business

On 9th July 2020, The Army Distaff Foundation, an organization that works in Washington as a non-profit charity decided to implement the use of the NASDAQ: EKSO at exoskeleton for the restoration of the senior adult population. This gave them some much-needed attention and popularity.

About ekso

Ekso Bionics, Inc. structures, designs, develops and sells exoskeletons to help the healthcare industry and market-related to the military. These markets are located in North America, Africa, Europe, and also in the Middle East. Their exoskeleton is of great quality which is constantly approved and appraised by their consumers.

NASDAQ: EKSO, the company, works and develops through detailed strategic planning and segments like EksoHealth as well as the EksoWorks. Ekso Bionics Holdings, Inc. mainly focuses on offering premium and high-quality bionic suits like Ekso GT.

The most famed accomplishment of the developing firm

This GT is a bionic suit that is carefully crafted and designed to provide the extraordinary ability to stand and walk over the ground using a reciprocal pace with the help of equipment. This equipment comprises of walking supplements like crutches, a walking cane, or even a walker for individuals who have suffered a spinal cord injury or hemiplegia because of a past stroke.

The device made primarily by the company is widely used by hospitals and rehabilitation centers. These devices are also very appreciated and very sought after the equipment of Ekso Bionics Holdings. The major accomplishments include forming a licensing agreement with prestigious Lockheed Corporation, regents related to the California University.

Esteemed collaborations

They have also formed collaborations or agreements with Garrett Brown and the very famed Healthcare Products of OttoBack Gmbh. This rapidly developing company goes way back to 2005 when it was formed and formulated for the first time in 2005. The headquarters of NASDAQ: EKSO is located in Richmond, California.

Statistics of the organization

The market cap of NASDAQ: EKSO shares is 67.18 million dollars. During the last five days, it has increased by 20.14%. It has had consistent progress from the last three months, shares being elevated by 218.35%. The average volume of ekso’s share is at 1.47 million dollars. Currently, the range of this share stands at 8.13 dollars. The volume is at 923,600 shs. The fifty range of these shares stands at 4.92 dollars.

The company, Ekso Bionics, previously handed out its revenue data on the 30th of April in the year 2020. The documented (0.44 dollars ) revenue for every share, that is the EPS, for every quarter, winning against the unanimity conclusion of 0.61 dollars by a whopping 0.17 dollars. This developing firm also gave birth to the revenue amounting to 1.47 dollars. You can get more stock news after hours market. Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.