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Check-Cap Ltd. Reports Financial Results for First Half of 2024

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Check-Cap Ltd. Reports Financial Results for First Half of 2024

Confident Investing Starts Here:

Check-Cap ( (CHEK) ) has issued an announcement.

Check-Cap Ltd. reported its financial results for the six months ending June 30, 2024, highlighting a decrease in total assets from $25,017,000 in December 2023 to $18,090,000. The company also showed a reduction in current liabilities from $1,330,000 to $913,000. Despite these changes, Check-Cap experienced a net loss of $6,312,000, compared to $11,320,000 the previous year, reflecting a reduction in expenses and a decrease in operating loss.

More about Check-Cap

YTD Price Performance: -44.71%

Average Trading Volume: 741,748

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $6.73M

Learn more about CHEK stock on TipRanks’ Stock Analysis page.

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