Surgical Innovations Group (LON:SUN) Stock Price Down 8.2% – Here’s What Happened

Shares of Surgical Innovations Group plc (LON:SUNGet Free Report) fell 8.2% during trading on Wednesday . The company traded as low as GBX 0.40 and last traded at GBX 0.41. 228,909 shares were traded during mid-day trading, a decline of 58% from the average session volume of 542,818 shares. The stock had previously closed at GBX 0.45.

Surgical Innovations Group Price Performance

The firm has a market cap of £3.75 million, a P/E ratio of -2.58 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. The company’s 50-day moving average is GBX 0.51 and its two-hundred day moving average is GBX 0.60.

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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