Surgical Innovations Group (LON:SUN) Stock Price Down 11.1% – Time to Sell?

Surgical Innovations Group plc (LON:SUNGet Free Report) shares fell 11.1% on Tuesday . The company traded as low as GBX 0.40 and last traded at GBX 0.40. 59,892 shares changed hands during trading, a decline of 84% from the average session volume of 369,447 shares. The stock had previously closed at GBX 0.45.

Surgical Innovations Group Price Performance

The stock has a 50 day moving average of GBX 0.49 and a 200-day moving average of GBX 0.59. The company has a debt-to-equity ratio of 13.96, a quick ratio of 1.61 and a current ratio of 1.94. The company has a market cap of £3.73 million, a PE ratio of -2.56 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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