Notable Reporting: Mazor Robotics Ltd – ADR’s Trend Down, Especially After Today’s Weak Session

Notable Reporting: Mazor Robotics Ltd   ADR's Trend Down, Especially After Today's Weak Session

The stock of Mazor Robotics Ltd – ADR (NASDAQ:MZOR) is a huge mover today! The stock decreased 2.55% or $0.58 on November 8, hitting $22.13. About 170,187 shares traded hands or 8.05% up from the average. Mazor Robotics Ltd – ADR (NASDAQ:MZOR) has risen 89.57% since April 6, 2016 and is uptrending. It has outperformed by 87.61% the S&P500.
The move comes after 8 months negative chart setup for the $541.14 million company. It was reported on Nov, 8 by Barchart.com. We have $20.14 PT which if reached, will make NASDAQ:MZOR worth $48.70 million less.

Mazor Robotics Ltd – ADR (NASDAQ:MZOR) Ratings Coverage

Out of 5 analysts covering Mazor Robotics (NASDAQ:MZOR), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. Mazor Robotics has been the topic of 6 analyst reports since November 20, 2015 according to StockzIntelligence Inc. The rating was initiated by Standpoint Research with “Buy” on Friday, July 8. On Tuesday, May 31 the stock rating was downgraded by Sterne Agee CRT to “Neutral”. On Friday, November 20 the stock rating was upgraded by Sterne Agee CRT to “Buy”. B. Riley & Co initiated Mazor Robotics Ltd – ADR (NASDAQ:MZOR) rating on Friday, October 7. B. Riley & Co has “Buy” rating and $25 price target. The company was upgraded on Thursday, May 19 by Wells Fargo. The firm earned “Overweight” rating on Thursday, July 14 by Barclays Capital.

According to Zacks Investment Research, “Mazor Robotics Ltd. is engaged in the development, production and marketing of medical devices for surgical procedures in the fields of orthopedics and neurosurgery. It offers Renaissance(TM), a surgical robotic system to conduct spine surgeries with less radiation. The company operates in the United States, Eastern Europe, Western Europe and Asia. Mazor Robotics Ltd. is based in Caesarea, Israel.”

More notable recent Mazor Robotics Ltd – ADR (NASDAQ:MZOR) news were published by: Marketwatch.com which released: “Mazor Robotics stock valuation range raised to $15-$17 from $10-$13 at Wells Fargo” on May 28, 2013, also Quotes.Wsj.com with their article: “DOW JONES, A NEWS CORP COMPANY” published on May 29, 2013, Bidnessetc.com published: “Mazor Robotics Ltd (MZOR) Skyrockets on Two Strategic Agreements with …” on May 18, 2016. More interesting news about Mazor Robotics Ltd – ADR (NASDAQ:MZOR) were released by: Fool.com and their article: “Where Will Intuitive Surgical Be in 10 Years?” published on May 31, 2016 as well as Zacks.com‘s news article titled: “Mazor Robotics Hits a 52-Week High on Multiple Positives” with publication date: October 04, 2016.

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