SS Innovations International (NASDAQ:SSII) Trading 7.2% Higher – Should You Buy?

SS Innovations International, Inc. (NASDAQ:SSII)’s stock price traded up 7.2% on Friday . The stock traded as high as $4.54 and last traded at $4.49. 72,328 shares changed hands during mid-day trading, a decline of 13% from the average session volume of 82,927 shares. The stock had previously closed at $4.19.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of SS Innovations International in a research note on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

SS Innovations International Price Performance

The firm has a market capitalization of $819.01 million and a PE ratio of -84.60. The firm’s fifty day moving average is $5.67 and its two-hundred day moving average is $6.56.

SS Innovations International (NASDAQ:SSII) last issued its quarterly earnings results on Tuesday, January 13th. The company reported $0.04 EPS for the quarter. SS Innovations International had a negative return on equity of 34.13% and a negative net margin of 32.10%.

Hedge Funds Weigh In On SS Innovations International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Handelsbanken Fonder AB purchased a new stake in shares of SS Innovations International during the third quarter worth $714,000. JNBA Financial Advisors purchased a new stake in shares of SS Innovations International in the 4th quarter valued at about $498,000. Forum Financial Management LP purchased a new stake in SS Innovations International in the second quarter valued at approximately $344,000. Inspire Investing LLC purchased a new stake in shares of SS Innovations International during the 3rd quarter valued at $240,000. Finally, Geode Capital Management LLC purchased a new stake in SS Innovations International during the second quarter valued at about $122,000.

SS Innovations International Company Profile

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. AVRA Medical Robotics, Inc was founded in 2015 and is based in Orlando, Florida.