SS Innovations International (NASDAQ:SSII) Trading 6.6% Higher – Should You Buy?

SS Innovations International, Inc. (NASDAQ:SSII) shares shot up 6.6% during mid-day trading on Friday . The stock traded as high as $4.75 and last traded at $4.69. 17,036 shares traded hands during trading, a decline of 85% from the average session volume of 114,682 shares. The stock had previously closed at $4.40.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of SS Innovations International in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

SS Innovations International Stock Up 9.8%

The firm has a market cap of $938.76 million and a PE ratio of -96.60. The business has a 50-day moving average price of $5.05 and a two-hundred day moving average price of $6.24.

SS Innovations International (NASDAQ:SSII) last released its earnings results on Tuesday, January 13th. The company reported $0.04 earnings per share (EPS) for the quarter. SS Innovations International had a negative return on equity of 34.13% and a negative net margin of 32.10%.

Institutional Trading of SS Innovations International

A number of large investors have recently made changes to their positions in SSII. PNC Financial Services Group Inc. purchased a new position in SS Innovations International in the third quarter worth approximately $56,000. Jane Street Group LLC purchased a new stake in shares of SS Innovations International in the 4th quarter valued at approximately $63,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of SS Innovations International in the 4th quarter valued at $64,000. Goldman Sachs Group Inc. acquired a new stake in shares of SS Innovations International in the 4th quarter valued at $68,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of SS Innovations International during the 3rd quarter worth $71,000.

About SS Innovations International

AVRA Medical Robotics, Inc develops and manufactures medical surgical devices. The company has a research agreement with the University of Central Florida to develop navigation and control technologies with applications in medical robotics. The company was formerly known as AVRA Surgical Microsystems, Inc and changed its name to AVRA Medical Robotics, Inc in November 2015. AVRA Medical Robotics, Inc was founded in 2015 and is based in Orlando, Florida.