Surgical Innovations Group (LON:SUN) Stock Price Down 0.3% – Should You Sell?

Surgical Innovations Group plc (LON:SUN)’s stock price was down 0.3% during mid-day trading on Monday. The stock traded as low as GBX 0.31 and last traded at GBX 0.35. Approximately 3,728,428 shares traded hands during mid-day trading, an increase of 721% from the average daily volume of 454,052 shares. The stock had previously closed at GBX 0.35.

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 fifty day moving average price of GBX 0.40 and a 200 day moving average price of GBX 0.44. The stock has a market cap of £3.26 million, a P/E ratio of -2.65 and a beta of 0.65.

Surgical Innovations Group (LON:SUN) last posted its earnings results on Wednesday, September 30th. The company reported GBX (0.03) earnings per share (EPS) for the quarter. Surgical Innovations Group had a negative return on equity of 6.04% and a negative net margin of 4.96%.

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.