Shares of SS Innovations International, Inc. (NASDAQ:SSII - Get Free Report) shot up 9.8% during mid-day trading on Thursday . The company traded as high as $7.48 and last traded at $7.39. 155,775 shares were traded during trading, an increase of 44% from the average session volume of 107,989 shares. The stock had previously closed at $6.73.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a "sell (e+)" rating on shares of SS Innovations International in a research note on Wednesday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of "Sell".
Read Our Latest Stock Analysis on SSII
SS Innovations International Trading Up 7.4%
The firm's 50 day moving average is $6.49.
Hedge Funds Weigh In On SS Innovations International
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Forum Financial Management LP acquired a new stake in SS Innovations International in the second quarter worth $344,000. AlTi Global Inc. acquired a new stake in SS Innovations International in the second quarter worth $121,000. Finally, Geode Capital Management LLC acquired a new stake in SS Innovations International in the second quarter worth $122,000.
SS Innovations International Company Profile
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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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