RTI Surgical Inc. (NASDAQ:RTIX) shares traded up 4.5% during trading on Wednesday . The company traded as high as $3.79 and last traded at $3.75, with a volume of 92,257 shares changing hands. The stock had previously closed at $3.59.

Separately, Zacks Investment Research upgraded shares of RTI Surgical from a “hold” rating to a “strong-buy” rating and set a $4.75 price target for the company in a research report on Wednesday, April 20th.

The stock has a market cap of $213.74 million and a PE ratio of 20.90. The company’s 50 day moving average price is $3.74 and its 200-day moving average price is $3.72.

RTI Surgical (NASDAQ:RTIX) last announced its earnings results on Thursday, April 28th. The company reported $0.03 EPS for the quarter, meeting analysts’ consensus estimates of $0.03. The business earned $67.40 million during the quarter, compared to analyst estimates of $65.68 million. The business’s revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.05 earnings per share. On average, equities analysts forecast that RTI Surgical Inc. will post $0.19 EPS for the current year.

Several institutional investors have made changes to their positions in RTIX. Tamarack Advisers LP acquired a new position in shares of RTI Surgical during the fourth quarter worth approximately $4,963,000. Paradigm Capital Management Inc. NY boosted its position in shares of RTI Surgical by 17.4% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 4,438,200 shares of the company’s stock worth $17,620,000 after buying an additional 658,474 shares during the last quarter. Royce & Associates LLC boosted its position in shares of RTI Surgical by 30.9% in the fourth quarter. Royce & Associates LLC now owns 1,558,774 shares of the company’s stock worth $6,188,000 after buying an additional 368,000 shares during the last quarter. LSV Asset Management acquired a new position in shares of RTI Surgical during the fourth quarter worth approximately $1,432,000. Finally, Wedge Capital Management L L P NC boosted its position in shares of RTI Surgical by 62.8% in the fourth quarter. Wedge Capital Management L L P NC now owns 303,500 shares of the company’s stock worth $1,205,000 after buying an additional 117,100 shares during the last quarter.

RTI Surgical, Inc is engaged in producing orthopedic and other surgical implants that repair and promote the natural healing of human bone and other human tissues. The Company uses natural tissues, metals and synthetics process to produce its products. The Company’s business primarily consists of six categories, such as spine, sports medicine, ortho fixation, bone graft substitutes and general orthopedic (BGS and general orthopedic), dental and surgical specialties.

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