Forum Financial Management LP Takes Position in SS Innovations International, Inc. $SSII

Forum Financial Management LP acquired a new stake in shares of SS Innovations International, Inc. (NASDAQ:SSII) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 58,469 shares of the company’s stock, valued at approximately $344,000.

SS Innovations International Trading Down 3.0%

Shares of NASDAQ:SSII opened at $8.97 on Friday. The company’s 50 day moving average price is $7.01. The stock has a market capitalization of $1.74 billion and a PE ratio of -299.00. SS Innovations International, Inc. has a 12 month low of $2.48 and a 12 month high of $22.42.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SS Innovations International in a research note on Saturday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

SS Innovations International Profile

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.