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

Surgical Innovations Group plc (LON:SUN) shares traded down 7.7% on Friday . The stock traded as low as GBX 0.60 ($0.01) and last traded at GBX 0.60 ($0.01). 1,154,297 shares changed hands during 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 Stock Performance

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 company has a market capitalization of £4.71 million, a price-to-earnings ratio of -21.11 and a beta of 0.65. The company’s 50-day moving average price is GBX 0.55 and its two-hundred day moving average price is GBX 0.59.

Surgical Innovations Group Company Profile

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.