RTI Surgical Inc. (NASDAQ:RTIX) saw strong trading volume on Thursday . 340,194 shares changed hands during trading, an increase of 103% from the previous session’s volume of 167,368 shares.The stock last traded at $3.32 and had previously closed at $3.43.

Several equities analysts have weighed in on the company. Zacks Investment Research downgraded RTI Surgical from a “buy” rating to a “hold” rating in a research report on Wednesday, June 29th. Craig Hallum downgraded RTI Surgical from a “buy” rating to a “hold” rating in a research report on Thursday.

The stock has a 50 day moving average of $3.71 and a 200-day moving average of $3.71. The firm has a market cap of $189.20 million and a price-to-earnings ratio of 45.77.

RTI Surgical (NASDAQ:RTIX) last issued its quarterly earnings data on Wednesday, July 27th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by $0.08. During the same period in the previous year, the company posted $0.04 EPS. The firm earned $67.60 million during the quarter, compared to analyst estimates of $66.52 million. The company’s revenue for the quarter was down 5.6% on a year-over-year basis. On average, equities analysts expect that RTI Surgical Inc. will post $0.14 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the company. Royce & Associates LLC increased its stake in 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 period. Dimensional Fund Advisors LP increased its stake in RTI Surgical by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,595,287 shares of the company’s stock worth $14,273,000 after buying an additional 44,725 shares during the period. Finally, Paradigm Capital Management Inc. NY increased its stake in 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 period.

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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