Surgical Innovations Group (LON:SUN) Stock Price Down 6.7% – Time to Sell?
by Renee Jackson · The Cerbat GemSurgical Innovations Group plc (LON:SUN – Get Free Report) shares dropped 6.7% on Thursday . The company traded as low as GBX 0.40 and last traded at GBX 0.42. Approximately 116,989 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 340,677 shares. The stock had previously closed at GBX 0.45.
Surgical Innovations Group Stock Up 3.8%
The company has a market cap of £4.36 million, a price-to-earnings ratio of -2.99 and a beta of 0.65. The company has a current ratio of 1.94, a quick ratio of 1.61 and a debt-to-equity ratio of 13.96. The business has a fifty day moving average price of GBX 0.46 and a two-hundred day moving average price of GBX 0.50.
About Surgical Innovations Group
About Surgical Innovations Group plc
The Group specialises in the design, manufacture, sale and distribution of innovative, high quality medical products, primarily for use in minimally invasive surgery. Our product and business development is guided and supported by a key group of nationally and internationally renowned surgeons across the spectrum of minimally invasive surgical activity.
We design and manufacture and source our branded port access systems, surgical instruments and retraction devices which are sold directly in the UK home market through our subsidiary, Elemental Healthcare, and exported widely through a global network of trusted distribution partners.