Surgical Innovations Group (LON:SUN) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Surgical Innovations Group plc (LON:SUN) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.47 and traded as low as GBX 0.46. Surgical Innovations Group shares last traded at GBX 0.46, with a volume of 104,048 shares traded.

Surgical Innovations Group Stock Performance

The stock’s 50-day moving average is GBX 0.46 and its 200-day moving average is GBX 0.47. The stock has a market cap of £4.30 million, a price-to-earnings ratio of -4.61 and a beta of 0.65. The company has a debt-to-equity ratio of 13.96, a current ratio of 1.94 and a quick ratio of 1.61.

Surgical Innovations Group (LON:SUN) last announced its earnings results on Tuesday, April 21st. The company reported GBX (0.10) earnings per share (EPS) for the quarter. The firm had revenue of GBX 1,160 million for the quarter. Surgical Innovations Group had a negative return on equity of 6.04% and a negative net margin of 4.96%.

About Surgical Innovations Group

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.