Surgical Innovations Group (LON:SUN) Stock Price Down 9.1% – Time to Sell?

Surgical Innovations Group plc (LON:SUN) shares fell 9.1% on Wednesday . The company traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01). 145,757 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 2,327,150 shares. The stock had previously closed at GBX 0.55 ($0.01).

Surgical Innovations Group Price Performance

The company has a quick ratio of 1.61, a current ratio of 1.94 and a debt-to-equity ratio of 13.96. The firm has a market capitalization of £5.13 million, a PE ratio of -21.11 and a beta of 0.65. The business’s 50-day moving average price is GBX 0.57 and its 200-day moving average price is GBX 0.58.

Surgical Innovations Group Company Profile

Surgical Innovations Group plc, together with its subsidiaries, engages in the design, manufacture, and export of medical products for use in laparoscopic and robotic minimally invasive surgery in the United Kingdom, Europe, the Asia Pacific, the United States, and internationally. It operates through three segments: SI Brand, Original Equipment Manufacturer (OEM), and Distribution.