Surgical Innovations Group (LON:SUN) Trading Down 11.1% – Here’s What Happened

Surgical Innovations Group plc (LON:SUNGet Free Report)’s stock price traded down 11.1% during mid-day trading on Tuesday . The company traded as low as GBX 0.40 and last traded at GBX 0.40. 59,892 shares traded hands during mid-day 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 Stock Down 10.7%

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 firm has a market cap of £3.75 million, a price-to-earnings ratio of -2.58 and a beta of 0.65. The business’s 50 day moving average price is GBX 0.49 and its 200 day moving average price is GBX 0.59.

About Surgical Innovations Group

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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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