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

Surgical Innovations Group plc (LON:SUN)’s share price traded down 7.7% on Friday . The company traded as low as GBX 0.60 ($0.01) and last traded at GBX 0.60 ($0.01). 1,154,297 shares were traded 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 Trading Down 22.3 %

The business’s fifty day moving average is GBX 0.55 and its two-hundred day moving average is GBX 0.59. The company has a quick ratio of 1.61, a current ratio of 1.94 and a debt-to-equity ratio of 13.96. The firm has a market cap of £4.71 million, a price-to-earnings ratio of -21.11 and a beta of 0.65.

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.