Surgical Innovations Group (LON:SUN) Shares Down 10.7% – Here’s What Happened

Shares of Surgical Innovations Group plc (LON:SUNGet Free Report) traded down 10.7% on Wednesday . The company traded as low as GBX 0.40 and last traded at GBX 0.40. 417,088 shares were traded during mid-day trading, a decline of 6% from the average session volume of 444,339 shares. The stock had previously closed at GBX 0.45.

Surgical Innovations Group Price Performance

The stock’s 50 day moving average price is GBX 0.50 and its 200-day moving average price is GBX 0.60. 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 stock has a market capitalization of £4.18 million, a PE ratio of -2.87 and a beta of 0.65.

Surgical Innovations Group Company Profile

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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.

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