Restoration Robotics (NASDAQ:HAIR) was downgraded by analysts at Maxim Group from a “buy” rating to a “hold” rating in a research note issued to investors on Friday, The Fly reports.
Other analysts also recently issued research reports about the stock. Roth Capital reaffirmed a “buy” rating on shares of Restoration Robotics in a research note on Tuesday, February 5th. Zacks Investment Research raised shares of Restoration Robotics from a “sell” rating to a “hold” rating in a research note on Thursday, November 15th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $6.58.
Shares of Restoration Robotics stock traded up $0.08 on Friday, hitting $0.91. 461,429 shares of the company traded hands, compared to its average volume of 599,430. The company has a debt-to-equity ratio of 2.08, a quick ratio of 3.72 and a current ratio of 4.24. Restoration Robotics has a 52 week low of $0.35 and a 52 week high of $8.20. The company has a market capitalization of $34.58 million, a PE ratio of -0.36 and a beta of 4.91.
A number of large investors have recently modified their holdings of HAIR. SG Americas Securities LLC raised its stake in Restoration Robotics by 55.9% in the fourth quarter. SG Americas Securities LLC now owns 283,503 shares of the company’s stock worth $123,000 after buying an additional 101,608 shares in the last quarter. Blair William & Co. IL bought a new position in Restoration Robotics in the third quarter worth approximately $174,000. Vanguard Group Inc raised its stake in Restoration Robotics by 173.2% in the third quarter. Vanguard Group Inc now owns 864,368 shares of the company’s stock worth $2,507,000 after buying an additional 547,968 shares in the last quarter. Vanguard Group Inc. raised its stake in Restoration Robotics by 173.2% in the third quarter. Vanguard Group Inc. now owns 864,368 shares of the company’s stock worth $2,507,000 after buying an additional 547,968 shares in the last quarter. Finally, Royce & Associates LP grew its holdings in Restoration Robotics by 180.6% in the third quarter. Royce & Associates LP now owns 982,000 shares of the company’s stock worth $2,848,000 after purchasing an additional 632,000 shares during the last quarter. 27.83% of the stock is owned by institutional investors.
Restoration Robotics Company Profile
Restoration Robotics, Inc, a medical device company, develops and commercializes image-guided robotic systems in the United States and internationally. The company offers ARTAS System, a physician-assisted robotic system that identifies and dissects hair follicular units directly from the scalp and creates recipient implant sites.
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