Shares of Mazor Robotics Ltd – (NASDAQ:MZOR) were up 7.4% during mid-day trading on Monday . The company traded as high as $24.69 and last traded at $24.10, with a volume of 191,806 shares trading hands. The stock had previously closed at $22.44.

A number of analysts have issued reports on MZOR shares. Standpoint Research started coverage on shares of Mazor Robotics Ltd – in a report on Friday, July 8th. They issued a “buy” rating and a $30.00 price target on the stock. Needham & Company LLC reiterated a “hold” rating on shares of Mazor Robotics Ltd – in a report on Wednesday, July 13th. Zacks Investment Research downgraded shares of Mazor Robotics Ltd – from a “buy” rating to a “hold” rating in a report on Wednesday, September 14th. Sterne Agee CRT downgraded shares of Mazor Robotics Ltd – from a “buy” rating to a “neutral” rating in a report on Tuesday, May 31st. Finally, Barclays PLC lifted their price target on shares of Mazor Robotics Ltd – from $16.00 to $23.00 and gave the company an “overweight” rating in a report on Thursday, July 14th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $25.00.

The firm’s market cap is $515.38 million. The firm has a 50 day moving average price of $22.83 and a 200-day moving average price of $16.71.

Mazor Robotics Ltd – (NASDAQ:MZOR) last released its quarterly earnings data on Tuesday, August 2nd. The company reported ($0.09) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.11) by $0.02. The business earned $8.30 million during the quarter, compared to analyst estimates of $8.51 million. The firm’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.05) EPS. Analysts anticipate that Mazor Robotics Ltd – will post ($0.71) earnings per share for the current year.

Several hedge funds have recently added to or reduced their stakes in MZOR. Menta Capital LLC raised its stake in Mazor Robotics Ltd – by 81.9% in the first quarter. Menta Capital LLC now owns 37,482 shares of the company’s stock worth $466,000 after buying an additional 16,879 shares during the last quarter. Iguana Healthcare Management LLC raised its stake in Mazor Robotics Ltd – by 384.6% in the first quarter. Iguana Healthcare Management LLC now owns 121,151 shares of the company’s stock worth $1,507,000 after buying an additional 96,151 shares during the last quarter. Trellus Management Company LLC raised its stake in Mazor Robotics Ltd – by 11.6% in the second quarter. Trellus Management Company LLC now owns 23,982 shares of the company’s stock worth $431,000 after buying an additional 2,500 shares during the last quarter. Candriam Luxembourg S.C.A. acquired a new stake in Mazor Robotics Ltd – during the second quarter worth $1,079,000. Finally, Cookson Peirce & Co. Inc. acquired a new stake in Mazor Robotics Ltd – during the second quarter worth $192,000.

About Mazor Robotics Ltd –

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.

5 Day Chart for NASDAQ:MZOR

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