Surgical Innovations Group plc (LON:SUN – Get Free Report) dropped 11.1% during trading on Wednesday . The company traded as low as GBX 0.40 and last traded at GBX 0.40. Approximately 110,930 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 396,197 shares. The stock had previously closed at GBX 0.45.
Surgical Innovations Group Stock Down 11.1%
The company has a debt-to-equity ratio of 13.96, a current ratio of 1.94 and a quick ratio of 1.61. The firm’s 50 day moving average price is GBX 0.44 and its two-hundred day moving average price is GBX 0.55. The firm has a market cap of £3.73 million, a price-to-earnings ratio of -2.56 and a beta of 0.65.
About Surgical Innovations Group
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.
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