Mazor Robotics Ltd – (NASDAQ:MZOR) shares reached a new 52-week high on Tuesday . The stock traded as high as $21.47 and last traded at $20.66, with a volume of 214,588 shares traded. The stock had previously closed at $20.27.

Several research analysts have recently weighed in on the company. Zacks Investment Research cut Mazor Robotics Ltd – from a “hold” rating to a “sell” rating in a research report on Tuesday. Needham & Company LLC reiterated a “hold” rating on shares of Mazor Robotics Ltd – in a report on Thursday, July 7th. Standpoint Research started coverage on Mazor Robotics Ltd – in a report on Friday. They set a “buy” rating and a $30.00 target price on the stock. Sterne Agee CRT lowered Mazor Robotics Ltd – from a “buy” rating to a “neutral” rating in a report on Tuesday, May 31st. Finally, Wells Fargo & Co. upgraded Mazor Robotics Ltd – from a “market perform” rating to an “outperform” rating in a report on Thursday, May 19th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $20.00.

The stock has a 50 day moving average of $17.17 and a 200-day moving average of $12.44. The company’s market cap is $443.70 million.

Mazor Robotics Ltd – (NASDAQ:MZOR) last announced its earnings results on Tuesday, May 10th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.18) by $0.06. During the same period in the prior year, the business earned ($0.11) earnings per share. The company had revenue of $6.40 million for the quarter, compared to the consensus estimate of $6.63 million. The firm’s revenue for the quarter was up 42.2% on a year-over-year basis. Equities research analysts expect that Mazor Robotics Ltd – will post ($0.42) EPS for the current fiscal year.

A hedge fund recently raised its stake in Mazor Robotics Ltd – stock. Oracle Investment Management Inc. raised its stake in Mazor Robotics Ltd – (NASDAQ:MZOR) by 13.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,816,635 shares of the company’s stock after buying an additional 323,724 shares during the period. Mazor Robotics Ltd – accounts for 5.0% of Oracle Investment Management Inc.’s holdings, making the stock its 7th largest position. Oracle Investment Management Inc. owned about 13.31% of Mazor Robotics Ltd – worth $28,617,000 as of its most recent filing with the SEC.

Mazor Robotics Ltd is an Israel-based medical device company that develops and markets surgical guidance systems and complementary products. It develops computerized and imaging-based systems in the field of spine surgery. Its products include: Renaissance Surgical Guidance System, which enables surgeons to advance from freehand surgical procedures to guided procedures, as well as Food and Drug Administration (FDA)-cleared and European Conformity (CE)-marked Renaissance System, used in spine surgeries, whether open or minimally invasive, for a number of clinical indications.

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