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Mazor Robotics (MZOR) Jumps: Stock Moves 6.6% Higher

Zacks Equity Research

Mazor Robotics Ltd. (MZOR) was a big mover last session with its shares rising nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above past one month’s volatile price range of $13.05 to $14.04.

This developer of medical devices for use in surgical procedures has seen a mixed track record when it comes to estimate revisions of 1 increase and 1 decrease in the last 30 days. Meanwhile, the Zacks Consensus Estimate has moved lower over the same period. This implies trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can last.

Mazor Robotics currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Some other stocks also worth considering in the medical instruments industry are RTI Surgical Inc. (RTIX), Bacterin International Holdings, Inc. (BONE) and Echo Therapeutics, Inc. (ECTE). While RTI Surgical sports a Zacks Rank #1 (Strong Buy), Bacterin International and Echo Therapeutics carry a Zacks Rank #2 (Buy).

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MAZOR ROBOTICS LTD ADS (MZOR): Free Stock Analysis Report

RTI SURGICAL INC (RTIX): Free Stock Analysis Report

BACTERIN INTERNATIONAL HOLDINGS (BONE): Free Stock Analysis Report

ECHO THERAPEUTICS INC (ECTE): Free Stock Analysis Report


Zacks Investment Research