The stock of RTI Surgical Inc (NASDAQ:RTIX) is a huge mover today! The stock increased 5.17% or $0.15 during the last trading session, hitting $3.05. About 53,782 shares traded hands. RTI Surgical Inc (NASDAQ:RTIX) has declined 30.79% since April 22, 2016 and is downtrending. It has underperformed by 36.20% the S&P500.
The move comes after 7 months positive chart setup for the $175.18M company. It was reported on Nov, 25 by Barchart.com. We have $3.26 PT which if reached, will make NASDAQ:RTIX worth $12.26 million more.
Analysts await RTI Surgical Inc (NASDAQ:RTIX) to report earnings on February, 21.
According to Zacks Investment Research, “RTI Surgical Inc. is a surgical implant company. Its implants are used in sports medicine, general surgery, spine, orthopedic, trauma and cardiothoracic procedures. RTI Surgical Inc., formerly known as RTI Biologics, Inc., is headquartered in Alachua, Fla.”
Insitutional Activity: The institutional sentiment increased to 1.05 in 2016 Q2. Its up 0.03, from 1.02 in 2016Q1. The ratio is positive, as 8 funds sold all RTI Surgical Inc shares owned while 35 reduced positions. 13 funds bought stakes while 31 increased positions. They now own 41.02 million shares or 1.08% less from 41.47 million shares in 2016Q1.
Springbok Capital Mngmt Llc holds 0.02% of its portfolio in RTI Surgical Inc (NASDAQ:RTIX) for 44,500 shares. Petrus Tru Lta holds 27,369 shares or 0.02% of its portfolio. Creative Planning holds 0% or 1,557 shares in its portfolio. Marathon Cap Mgmt last reported 0% of its portfolio in the stock. Federated Inc Pa has 37,299 shares for 0% of their US portfolio. Tiaa Cref Investment Management Limited Liability Company, a New York-based fund reported 203,252 shares. Millennium Ltd Company has invested 0% of its portfolio in RTI Surgical Inc (NASDAQ:RTIX). Bnp Paribas Arbitrage has invested 0% of its portfolio in RTI Surgical Inc (NASDAQ:RTIX). Moreover, Tower Research Capital Ltd Limited Liability Company (Trc) has 0% invested in RTI Surgical Inc (NASDAQ:RTIX) for 2,856 shares. Rock Springs Capital Management Ltd Partnership holds 1.86 million shares or 0.49% of its portfolio. Blackrock Gru Limited owns 61,572 shares or 0% of their US portfolio. Ancora Advsr Ltd Llc holds 211,000 shares or 0.09% of its portfolio. Invesco Limited accumulated 0% or 55,607 shares. Metropolitan Life Insur last reported 0% of its portfolio in the stock. Northern has 0% invested in the company for 781,645 shares.
More recent RTI Surgical Inc (NASDAQ:RTIX) news were published by: Seekingalpha.com which released: “RTI Surgical Is An Undervalued Acquisition Target” on November 22, 2016. Also Marketwatch.com published the news titled: “RTI Surgical Inc.” on December 22, 2009. Businesswire.com‘s news article titled: “RTI Surgical® Announces Agreement with Oxford Performance Materials” with publication date: February 11, 2016 was also an interesting one.
RTIX Company Profile
RTI Surgical, Inc., incorporated on April 25, 2000, is engaged in producing orthopedic and other surgical implants that repair and promote the natural healing of human bone and other human tissues. The Firm uses natural tissues, metals and synthetics process to produce its products. The Company’s business primarily consists of over six categories, such as spine, sports medicine, ortho fixation, bone graft substitutes and general orthopedic (BGS and general orthopedic), dental and surgical specialties. The Firm processes donated human musculoskeletal and other tissue, including bone, cartilage, tendon, ligament, fascia lata, pericardium, sclera and dermal tissue, and bovine and porcine animal tissue in producing allograft and xenograft implants utilizing BIOCLEANSE, TUTOPLAST and CANCELLE SP sterilization processes, and makes metal and synthetic implants for distribution to hospitals and surgeons.
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