Assure (CVE:IOM) Stock Price Down 7.7% – Here’s Why

Assure Holdings Corp. (CVE:IOM) dropped 7.7% during mid-day trading on Wednesday . The stock traded as low as C$5.40 and last traded at C$5.40. Approximately 4,816 shares changed hands during mid-day trading, an increase of 108% from the average daily volume of 2,316 shares. The stock had previously closed at C$5.85.

Assure Trading Down 7.7%

The firm’s 50-day moving average price is C$5.40 and its 200-day moving average price is C$5.40. The company has a quick ratio of 9.95, a current ratio of 9.98 and a debt-to-equity ratio of 48.55. The company has a market cap of C$69.22 million and a P/E ratio of -16.31.

About Assure

Assure Holdings Corp., together with its subsidiaries, provides technical and professional intraoperative neuromonitoring surgical support services primarily associated with spine and head surgeries to physicians. The company has operations in Louisiana, Michigan, Pennsylvania, Texas, Colorado, South Carolina, and Arizona, the United States. Assure Holdings Corp. is based in Denver, Colorado.