Surgical Innovations Group (LON:SUN) Shares Down 13.5% – Time to Sell?

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

Surgical Innovations Group Stock Down 13.5 %

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

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.