user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 430381 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Shares of MAKO Surgical Under Pressure, Down 2.8%

Published on Mon, 01/28/2013 - 13:17
By Robert Cotter

One of today's notable stocks in decline is MAKO Surgical (NASDAQ:MAKO), down 2.8% to $11.88. The S&P is trading fractionally lower to 1,501 and the Dow is trading fractionally lower to 13,886.

Over the past year, MAKO Surgical has traded in a range of $10.35 to $45.15 and is now at $11.88, 15% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 3% while the 50-day MA has declined 1.6%.

Potential upside of 54.3% exists for MAKO Surgical, based on a current level of $11.88 and analysts' average consensus price target of $18.33. The stock should find initial resistance at its 50-day moving average (MA) of $12.69 and further resistance at its 200-day MA of $19.23.

MAKO Surgical Corp. is a medical device company. The Company offers robotic-ARM solutions and implants for minimally invasive orthopedic knee procedures.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Shares of Smith & Wesson Fall to a New 5...

Smith & Wesson (NASDAQ:SWHC) traded at a new 52-week low today of $9.26. Approximately ...

Shares of Stewart Information Services F...

Shares of Stewart Information Services (NYSE:STC) traded today at $28.68, breaking its ...

STAAR Surgical Looks to Continue to Trad...

STAAR Surgical (NASDAQ:STAA) traded at a new 52-week low today of $10.09. Approximatel ...

Simpson Manufacturing Looks to Continue ...

Shares of Simpson Manufacturing (NYSE:SSD) traded today at $28.86, breaking its 52-week ...

Spartan Stores: The Losing Streak Contin...

Spartan Stores (NASDAQ:SPTN) traded at a new 52-week low today of $19.19. So far today ...

Watch for Continued Losses in Shares of ...

Shares of Sohu.com (NASDAQ:SOHU) traded at a new 52-week low today of $49.33. This new ...

SodaStream International: New 52-Week Lo...

Shares of SodaStream International (NASDAQ:SODA) traded today at $28.31, breaking its 5 ...

Shares of Synta Pharmaceuticals Fall Bel...

Shares of Synta Pharmaceuticals (NASDAQ:SNTA) traded at a new 52-week low today of $2.8 ...