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SS Innovations International (NASDAQ:SSII) Shares Gap Up - Here's Why

SS Innovations International logo with Business Services background

Key Points

  • SS Innovations International shares gapped up before the market opened on Thursday, rising from a previous close of $5.30 to an opening price of $5.59.
  • Several institutional investors, including AlTi Global Inc. and Geode Capital Management LLC, have acquired new positions in SS Innovations International during the second quarter.
  • The company, formerly known as AVRA Surgical Microsystems, Inc, specializes in developing medical surgical devices and has a research agreement with the University of Central Florida for navigation and control technologies in robotics.
  • Interested in SS Innovations International? Here are five stocks we like better.

SS Innovations International, Inc. (NASDAQ:SSII - Get Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $5.30, but opened at $5.59. SS Innovations International shares last traded at $5.31, with a volume of 8,053 shares trading hands.

SS Innovations International Stock Performance

The business's 50 day moving average is $6.69.

Institutional Trading of SS Innovations International

Institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC bought a new position in shares of SS Innovations International during the 2nd quarter valued at $122,000. Forum Financial Management LP bought a new stake in SS Innovations International in the second quarter worth $344,000. Finally, AlTi Global Inc. acquired a new position in SS Innovations International during the second quarter worth $121,000.

About SS Innovations International

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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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