Insider Buying: Surgical Innovations Group Plc (LON:SUN) Insider Acquires 815,721 Shares of Stock

Surgical Innovations Group Plc (LON:SUN) insider Paul Hardy bought 815,721 shares of the company’s stock in a transaction dated Thursday, July 27th. The shares were purchased at an average cost of GBX 3 ($0.04) per share, with a total value of £24,471.63 ($31,768.96).

Shares of Surgical Innovations Group Plc (SUN) remained flat at GBX 4.55 during midday trading on Thursday. The company’s stock had a trading volume of 1,263,863 shares. The company’s market cap is GBX 24.27 million. Surgical Innovations Group Plc has a 1-year low of GBX 1.85 and a 1-year high of GBX 5.15. The company has a 50 day moving average of GBX 3.86 and a 200-day moving average of GBX 3.67.

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Separately, N+1 Singer reaffirmed a “buy” rating and issued a GBX 5.50 ($0.07) price objective on shares of Surgical Innovations Group Plc in a research note on Monday, August 7th.

About Surgical Innovations Group Plc

Surgical Innovations Group plc is a United Kingdom-based holding company, which is involved in the design, development, manufacture and sale of devices for use in minimally invasive surgery (SI) and precision engineering (PE) markets. The Company sells branded products through independent healthcare distributors across the world and own label products through original equipment manufacturer (OEM) relationships.

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