Mazor Robotics Ltd – Stock Rating Lowered by Zacks (MZOR)

By Mark Watkins

Mazor Robotics Ltd – (NASDAQ:MZOR) was downgraded by Zacks from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.

Zacks’ analyst wrote, “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. “

Separately, analysts at Wells Fargo & Co. initiated coverage on shares of Mazor Robotics Ltd – in a research note on Tuesday, April 14th. They set a “market perform” rating on the stock.

Mazor Robotics Ltd – (NASDAQ:MZOR) opened at 13.03 on Tuesday. Mazor Robotics Ltd – has a 52 week low of $9.63 and a 52 week high of $18.50. The stock’s 50-day moving average is $12. and its 200-day moving average is $11.. The company’s market cap is $274.75 million.


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