Shares of Vicarious Surgical Inc (NYSE:RBOT - Get Free Report) were down 2.7% during mid-day trading on Wednesday . The company traded as low as $11.73 and last traded at $11.84. Approximately 56,221 shares traded hands during trading, an increase of 19% from the average daily volume of 47,354 shares. The stock had previously closed at $12.17.
Analysts Set New Price Targets
Separately, Piper Sandler decreased their price target on Vicarious Surgical from $12.00 to $10.50 and set a "neutral" rating for the company in a research note on Wednesday, November 13th.
Read Our Latest Analysis on Vicarious Surgical
Vicarious Surgical Trading Up 3.1 %
The company has a market cap of $87.59 million, a PE ratio of -1.44 and a beta of 1.32. The firm's 50-day simple moving average is $13.65 and its two-hundred day simple moving average is $9.81.
Institutional Investors Weigh In On Vicarious Surgical
A number of hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC lifted its position in shares of Vicarious Surgical by 11.6% during the fourth quarter. Renaissance Technologies LLC now owns 11,534 shares of the company's stock worth $152,000 after purchasing an additional 1,200 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Vicarious Surgical by 8.2% during the fourth quarter. Geode Capital Management LLC now owns 30,799 shares of the company's stock worth $405,000 after acquiring an additional 2,336 shares during the last quarter. Finally, DnB Asset Management AS grew its position in shares of Vicarious Surgical by 21.1% during the fourth quarter. DnB Asset Management AS now owns 21,213 shares of the company's stock worth $279,000 after acquiring an additional 3,692 shares during the last quarter. Hedge funds and other institutional investors own 47.27% of the company's stock.
Vicarious Surgical Company Profile
(
Get Free Report)
Vicarious Surgical Inc operates as a robotics technology company in the United States. The company focuses on developing and commercializing Vicarious System, a single-incision surgical robot that virtually transports surgeons inside the patient to perform minimally invasive surgery. Vicarious Surgical Inc was incorporated in 2014 and is headquartered in Waltham, Massachusetts.
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