Monogram Orthopaedics (NASDAQ:MGRM - Get Free Report) posted its quarterly earnings results on Friday, August 15th. The company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.05), Zacks reports.
Monogram Orthopaedics Stock Performance
Shares of MGRM remained flat at $5.46 during mid-day trading on Friday. The stock had a trading volume of 56,349 shares, compared to its average volume of 411,030. The stock has a market cap of $221.84 million, a P/E ratio of -10.92 and a beta of 0.69. Monogram Orthopaedics has a twelve month low of $1.92 and a twelve month high of $6.02. The stock has a 50-day simple moving average of $4.46 and a 200-day simple moving average of $3.27.
Institutional Trading of Monogram Orthopaedics
A hedge fund recently raised its stake in Monogram Orthopaedics stock. Jane Street Group LLC raised its position in shares of Monogram Orthopaedics Inc. (NASDAQ:MGRM - Free Report) by 83.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,426 shares of the company's stock after acquiring an additional 8,810 shares during the period. Jane Street Group LLC owned approximately 0.06% of Monogram Orthopaedics worth $57,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 0.45% of the company's stock.
About Monogram Orthopaedics
(
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Monogram Orthopaedics, Inc focuses on developing a product solution architecture to enable patient-optimized orthopaedic implants. The company intends to produce and market robotic surgical equipment and related software, orthopedic implants, tissue ablation tools, navigation consumables, and other miscellaneous instrumentation for use in reconstructive joint replacement procedures.
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