SS Innovations International ( (SSII) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
SS Innovations International’s stock is experiencing a downturn despite the company’s positive operational developments. The company reiterated its first quarter 2025 guidance and shared optimistic insights for the second quarter, including the installation of 14 new SSi Mantra surgical robotic systems, bringing the total to 78 by March 2025. Revenue is expected to reach approximately $6.4 million with a gross margin of 45%. By April, 80 systems were installed across 75 hospitals, facilitating over 3,800 surgeries. April also saw a 200% increase in orders compared to the previous year. However, the stock’s technical sentiment suggests a sell, reflecting potential market reservations despite a 34.74% increase in price year-to-date.
More about SS Innovations International
YTD Price Performance: 34.74%
Average Trading Volume: 20,474
Technical Sentiment Signal: Sell
Current Market Cap: $2.03B
For further insights into SSII stock on TipRanks’ Stock Analysis page.
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