Vicarious Surgical (NYSE:RBOT) Stock Price Up 1.5% – Here’s What Happened

Vicarious Surgical Inc (NYSE:RBOT) shares traded up 1.5% during mid-day trading on Friday . The company traded as high as $6.47 and last traded at $6.42. 4,313 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 25,833 shares. The stock had previously closed at $6.32.

Wall Street Analyst Weigh In

A number of research firms have commented on RBOT. Morgan Stanley dropped their price target on shares of Vicarious Surgical from $18.00 to $10.00 and set an “equal weight” rating on the stock in a research report on Monday, July 15th. Piper Sandler lowered their price objective on shares of Vicarious Surgical from $30.00 to $12.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 13th.

Vicarious Surgical Stock Up 1.5 %

The firm’s 50-day moving average price is $5.97 and its two-hundred day moving average price is $7.74. The firm has a market capitalization of $37.85 million, a PE ratio of -0.62 and a beta of 1.12.

Vicarious Surgical (NYSE:RBOT) last posted its quarterly earnings data on Monday, August 12th. The company reported ($2.86) EPS for the quarter, topping analysts’ consensus estimates of ($2.98) by $0.12. Equities research analysts forecast that Vicarious Surgical Inc will post -10.07 EPS for the current year.

About Vicarious Surgical

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.