Surgical Innovations Group (LON:SUN) Trading Down 8.5% – Time to Sell?

Surgical Innovations Group plc (LON:SUN)’s share price dropped 8.5% during mid-day trading on Monday . The company traded as low as GBX 0.65 ($0.01) and last traded at GBX 0.65 ($0.01). Approximately 1,689,965 shares were traded during mid-day trading, an increase of 22% from the average daily volume of 1,382,831 shares. The stock had previously closed at GBX 0.71 ($0.01).

Surgical Innovations Group Stock Performance

The firm has a market cap of £5.66 million, a P/E ratio of -289.05 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’s fifty day simple moving average is GBX 0.68 and its 200-day simple moving average is GBX 0.64.

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.