Surgical Innovations Group (LON:SUN) Stock Price Down 13.5% – Here’s What Happened

Surgical Innovations Group plc (LON:SUN) was down 13.5% on Tuesday . The company traded as low as GBX 0.48 ($0.01) and last traded at GBX 0.48 ($0.01). Approximately 808,000 shares were traded during mid-day trading, a decline of 5% from the average daily volume of 851,013 shares. The stock had previously closed at GBX 0.55 ($0.01).

Surgical Innovations Group Trading Down 13.5 %

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 50-day moving average of GBX 0.55 and a 200-day moving average of GBX 0.60. The firm has a market capitalization of £4.44 million, a P/E ratio of -21.11 and a beta of 0.65.

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.