|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||972.21 - 993.00|
|52 Week Range||610.71 - 993.00|
|PE Ratio (TTM)||49.05|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Share price of Intuitive Surgical (ISRG) reaches a new 52-week high on the back of its new partnership and impressive second-quarter performance.
A Colorado medical device startup making surgical tools for minimally-invasive operations on children has reached a deal with one of the best-known makers of surgery robotics used on adults. Louisville-based JustRight Surgical expects its new licensing pact with Intuitive Surgical, the Sunnyvale, California-based maker of maker of da Vinci robotic surgery systems, will expand the use of JustRight technology beyond the pediatric market and drive growth at the company it otherwise wouldn’t have. “You can’t really just step into robotic surgery, so having a partner of their scale is perfect for us,” said Robert Kline, JustRight CEO.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Healthcare sector is rising.