Mazor Robotics Ltd – (NASDAQ:MZOR) was down 2.7% during mid-day trading on Thursday . The company traded as low as $19.51 and last traded at $19.54, with a volume of 52,818 shares trading hands. The stock had previously closed at $20.09.

A number of equities research analysts have recently issued reports on MZOR shares. Needham & Company LLC reissued a “hold” rating on shares of Mazor Robotics Ltd – in a research note on Wednesday, April 6th. Zacks Investment Research downgraded shares of Mazor Robotics Ltd – from a “hold” rating to a “strong sell” rating in a research note on Saturday, April 9th. Wells Fargo & Co. raised shares of Mazor Robotics Ltd – from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 19th. Sterne Agee CRT downgraded shares of Mazor Robotics Ltd – from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 31st. Finally, Standpoint Research started coverage on shares of Mazor Robotics Ltd – in a research note on Friday, July 8th. They issued a “buy” rating and a $30.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Mazor Robotics Ltd – presently has a consensus rating of “Buy” and a consensus target price of $25.00.

The firm has a 50 day moving average of $18.02 and a 200 day moving average of $12.95. The firm’s market cap is $417.35 million.

Mazor Robotics Ltd – (NASDAQ:MZOR) last issued its quarterly earnings data on Tuesday, May 10th. The company reported ($0.12) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.18) by $0.06. During the same period in the previous year, the company posted ($0.11) earnings per share. The business earned $6.40 million during the quarter, compared to analyst estimates of $6.63 million. Mazor Robotics Ltd -‘s revenue was up 42.2% on a year-over-year basis. On average, analysts predict 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 stake in Mazor Robotics Ltd – (NASDAQ:MZOR) by 13.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 approximately 5.0% of Oracle Investment Management Inc.’s holdings, making the stock its 7th largest position. Oracle Investment Management Inc. owned 13.31% of Mazor Robotics Ltd – worth $28,617,000 at the end of the most recent reporting period.

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.