Stereotaxis And 3 Other Stocks Under $2 Insiders Are Aggressively Buying
Portfolio Pulse from Lisa Levin
Insiders at four penny stocks, ReWalk Robotics Ltd. (RWLK), VolitionRx Limited (VNRX), DBV Technologies S.A. (DBVT), and Stereotaxis, Inc. (STXS), have recently made significant purchases. This could indicate their confidence in the companies' prospects. RWLK recently closed an acquisition of AlterG, Inc. VNRX reported cash and cash equivalents of around $19.7 million as of June 30, 2023. DBVT closed the second quarter with a cash balance of $174 million. STXS reported a 28% revenue growth in the second quarter.
August 29, 2023 | 1:22 pm
News sentiment analysis
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POSITIVE IMPACT
DBV Technologies S.A. closed the second quarter with a cash balance of $174 million and saw significant insider buying.
The strong cash balance could potentially support DBV Technologies' operations and growth, and the insider buying indicates confidence in the company's future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
ReWalk Robotics Ltd. recently closed an acquisition of AlterG, Inc. and saw significant insider buying.
The acquisition of AlterG, Inc. could potentially boost ReWalk Robotics' prospects, and the insider buying indicates confidence in the company's future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Stereotaxis, Inc. reported a 28% revenue growth in the second quarter and saw significant insider buying.
The strong revenue growth could potentially boost Stereotaxis' prospects, and the insider buying indicates confidence in the company's future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
VolitionRx Limited reported cash and cash equivalents of around $19.7 million as of June 30, 2023, and saw significant insider buying.
The strong cash position could potentially support VolitionRx's operations and growth, and the insider buying indicates confidence in the company's future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100