Mazor Robotics Ltd – (NASDAQ:MZOR) shares shot up 6.3% during trading on Tuesday . The stock traded as high as $19.60 and last traded at $19.47, with a volume of 279,737 shares traded. The stock had previously closed at $18.32.

Several brokerages have commented on MZOR. Needham & Company LLC reaffirmed a “hold” rating on shares of Mazor Robotics Ltd – in a report on Thursday. Wells Fargo & Co. raised Mazor Robotics Ltd – from a “market perform” rating to an “outperform” rating in a report on Thursday, May 19th. Zacks Investment Research raised Mazor Robotics Ltd – from a “sell” rating to a “hold” rating in a report on Tuesday, June 14th. Finally, Sterne Agee CRT downgraded Mazor Robotics Ltd – from a “buy” rating to a “neutral” rating in a report on Tuesday, May 31st.

The firm’s market cap is $412.48 million. The stock’s 50-day moving average price is $16.64 and its 200 day moving average price is $12.21.

Mazor Robotics Ltd – (NASDAQ:MZOR) last released its quarterly earnings results on Tuesday, May 10th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.06. The firm earned $6.40 million during the quarter, compared to the consensus estimate of $6.63 million. During the same period in the previous year, the company posted ($0.11) EPS. The company’s revenue for the quarter was up 42.2% compared to the same quarter last year. On average, analysts predict that Mazor Robotics Ltd – will post ($0.42) earnings per share for the current fiscal year.

A hedge fund recently raised its stake in Mazor Robotics Ltd – stock. Oracle Investment Management Inc. boosted its position in shares of Mazor Robotics Ltd – (NASDAQ:MZOR) by 13.0% during the fourth quarter, according to its most recent filing with the 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 – makes up approximately 5.0% of Oracle Investment Management Inc.’s portfolio, 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 SEC filing.

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.