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SS Innovations International (NASDAQ:SSII) Shares Down 3.9% - Should You Sell?

SS Innovations International logo with Business Services background

Key Points

  • SS Innovations International (NASDAQ:SSII) shares fell by 3.9% to $5.41, with a significant drop in trading volume of 94% compared to the average session.
  • Institutional investors have been increasing their stakes in SS Innovations, with notable purchases including $344,000 from Forum Financial Management LP and $122,000 from Geode Capital Management LLC.
  • The company's 50-day moving average price is currently $6.67, indicating a downtrend in stock performance.
  • MarketBeat previews top five stocks to own in October.

Shares of SS Innovations International, Inc. (NASDAQ:SSII - Get Free Report) fell 3.9% during mid-day trading on Wednesday . The company traded as low as $5.41 and last traded at $5.41. 7,018 shares were traded during mid-day trading, a decline of 94% from the average session volume of 111,724 shares. The stock had previously closed at $5.63.

SS Innovations International Trading Up 5.5%

The business has a 50-day moving average of $6.69.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. AlTi Global Inc. bought a new position in shares of SS Innovations International during the 2nd quarter valued at $121,000. Geode Capital Management LLC bought a new position in shares of SS Innovations International during the 2nd quarter valued at $122,000. Finally, Forum Financial Management LP bought a new position in shares of SS Innovations International during the 2nd quarter valued at $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.

Further Reading

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