Surgical Innovations Group (LON:SUN) Trading Up 10.9% – Should You Buy?

Surgical Innovations Group plc (LON:SUN)’s stock price rose 10.9% during trading on Monday . The company traded as high as GBX 0.50 and last traded at GBX 0.50. Approximately 1,389,429 shares traded hands during mid-day trading, an increase of 204% from the average daily volume of 457,255 shares. The stock had previously closed at GBX 0.45.

Surgical Innovations Group Stock Up 10.9%

The firm has a market capitalization of £4.66 million, a price-to-earnings ratio of -5.00 and a beta of 0.65. The stock has a 50 day moving average of GBX 0.47 and a 200 day moving average of GBX 0.48. 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 (LON:SUN) last posted its quarterly earnings results on Tuesday, April 21st. The company reported GBX (0.10) EPS for the quarter. The firm had revenue of GBX 1,160 million during the quarter. Surgical Innovations Group had a negative return on equity of 6.04% and a negative net margin of 4.96%.

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.