Surgical Innovations Group (LON:SUN) Shares Up 12% – Here’s What Happened

Surgical Innovations Group plc (LON:SUN)’s stock price shot up 12% during mid-day trading on Thursday . The stock traded as high as GBX 0.56 ($0.01) and last traded at GBX 0.56 ($0.01). 875,629 shares were traded during mid-day trading, an increase of 19% from the average session volume of 737,556 shares. The stock had previously closed at GBX 0.50 ($0.01).

Surgical Innovations Group Stock Performance

The stock’s fifty day simple moving average is GBX 0.55 and its 200-day simple moving average is GBX 0.59. The company has a market capitalization of £5.00 million, a PE ratio of -21.11 and a beta of 0.65. The company has a quick ratio of 1.61, a current ratio of 1.94 and a debt-to-equity ratio of 13.96.

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.