Mazor Robotics Ltd – (NASDAQ:MZOR) hit a new 52-week high on Wednesday . The stock traded as high as $20.56 and last traded at $19.35, with a volume of 535,069 shares changing hands. The stock had previously closed at $19.20.

Several equities research analysts recently weighed in on the stock. Needham & Company LLC reissued a “hold” rating on shares of Mazor Robotics Ltd – in a research report on Thursday. Sterne Agee CRT downgraded shares of Mazor Robotics Ltd – from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 31st. Zacks Investment Research raised shares of Mazor Robotics Ltd – from a “sell” rating to a “hold” rating in a research report on Tuesday, June 14th. Finally, Wells Fargo & Co. raised shares of Mazor Robotics Ltd – from a “market perform” rating to an “outperform” rating in a research report on Thursday, May 19th.

The company’s market capitalization is $409.08 million. The company has a 50 day moving average price of $16.82 and a 200-day moving average price of $12.26.

Mazor Robotics Ltd – (NASDAQ:MZOR) last issued its earnings results on Tuesday, May 10th. The company reported ($0.12) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.18) by $0.06. During the same quarter in the prior year, the company earned ($0.11) earnings per share. The company earned $6.40 million during the quarter, compared to the consensus estimate of $6.63 million. Mazor Robotics Ltd -‘s revenue was up 42.2% on a year-over-year basis. On average, analysts expect that Mazor Robotics Ltd – will post ($0.41) earnings per share for the current 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 Form 13F filing with the SEC. The firm 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 about 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 at the end of the most recent quarter.

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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