Surgical Innovations Group (LON:SUN) Shares Down 7.7% – What’s Next?

Surgical Innovations Group plc (LON:SUN) traded down 7.7% during mid-day trading on Friday . The stock traded as low as GBX 0.60 ($0.01) and last traded at GBX 0.60 ($0.01). 1,154,297 shares changed hands during mid-day trading, an increase of 54% from the average session volume of 750,999 shares. The stock had previously closed at GBX 0.65 ($0.01).

Surgical Innovations Group Stock Performance

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 company’s 50-day simple moving average is GBX 0.55 and its 200-day simple moving average is GBX 0.59. The stock has a market capitalization of £5.60 million, a price-to-earnings ratio of -21.11 and a beta of 0.65.

Surgical Innovations Group Company Profile

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.