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SS Innovations International (NASDAQ:SSII) Shares Gap Down - Here's What Happened

SS Innovations International logo with Business Services background

Key Points

  • SS Innovations International (NASDAQ:SSII) experienced a significant stock price drop, gapping down from a previous close of $7.00 to open at $6.62.
  • The company saw a trading volume of 25,942 shares with its stock currently valued at $6.72, reflecting a decrease of 6.6% for the day.
  • Several institutional investors, including AlTi Global Inc. and Geode Capital Management LLC, have recently increased their stakes in SS Innovations International during the second quarter.
  • Five stocks we like better than SS Innovations International.

SS Innovations International, Inc. (NASDAQ:SSII - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $7.00, but opened at $6.62. SS Innovations International shares last traded at $6.72, with a volume of 25,942 shares.

SS Innovations International Price Performance

The company has a 50-day moving average price of $6.65.

Hedge Funds Weigh In On SS Innovations International

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AlTi Global Inc. purchased a new position in shares of SS Innovations International during the second quarter worth about $121,000. Geode Capital Management LLC purchased a new position in shares of SS Innovations International during the second quarter worth about $122,000. Finally, Forum Financial Management LP purchased a new position in shares of SS Innovations International during the second quarter worth about $344,000.

About SS Innovations International

(Get Free Report)

AVRA Medical Robotics, Inc develops and manufactures medical surgical devices. The company has a research agreement with the University of Central Florida to develop navigation and control technologies with applications in medical robotics. The company was formerly known as AVRA Surgical Microsystems, Inc and changed its name to AVRA Medical Robotics, Inc in November 2015.

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