Ekso Bionics Holdings, Inc. (OTCBB:EKSO) Starts The Week Green
[[tagnumber 0]][[tagnumber 1]]The interesting developments in the recent history of Ekso Bionics Holdings, Inc. (OTCBB:EKSO) have provided for some turbulent chart performance. The stock was recording relatively small percentile movements in the beginning of the year and mostly followed a straight line.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Recent months, however, have shown just how volatile [[tagnumber 6]]EKSO[[tagnumber 7]] can be. In the end of March the ticker skyrocketed, bypassing the $2 per share barrier, reaching a high of $2.09 on April 2. Unfortunately, the company began to hesitate and eventually slide down the charts afterwards.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Meanwhile, the report for the first quarter of the year was able to provide for yet another boost in May. Let’s review some of its contents:[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 15]] [[tagnumber 16]]cash: $21.13 million[[tagnumber 17]] [[tagnumber 16]]current assets: $25.55 million[[tagnumber 17]] [[tagnumber 16]]current liabilities: $6.7 million[[tagnumber 17]] [[tagnumber 16]]quarterly revenues: $1.68 million[[tagnumber 17]] [[tagnumber 16]]quarterly net loss: $4.11 million[[tagnumber 17]] [[tagnumber 26]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Those are some pretty solid numbers for an OTC entity, but they didn’t manage to provide a prolonged run and [[tagnumber 6]]EKSO[[tagnumber 7]] began sliding down the charts by the end of May. The beginning of June proved to be a disaster and we saw the ticker wipe away 21.39% of its value in a single session, generating a massive daily dollar volume of $15.06 million.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]][[tagnumber 6]]EKSO[[tagnumber 7]] tried to recover in the next session, but has been sliding ever since, despite the encouraging press releases. That was, however, until yesterday when the company stock recorded its first green session in nearly a month.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]For no apparent reason the ticker climbed 8.65% in the charts and finished the session at $1.13. A total of 901 thousand shares changed their owners and generated $969 thousand in daily dollar volume, so trading remained a bit below the 30 day average.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Today, however, we see [[tagnumber 6]]EKSO[[tagnumber 7]] hesitating. In any case, you should be sure to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]