Surgical Innovations Group (LON:SUN) Trading 22.7% Higher – Here’s Why

Surgical Innovations Group plc (LON:SUN) shares were up 22.7% during mid-day trading on Thursday . The stock traded as high as GBX 0.68 ($0.01) and last traded at GBX 0.68 ($0.01). Approximately 1,125,168 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 2,129,260 shares. The stock had previously closed at GBX 0.55 ($0.01).

Surgical Innovations Group Trading Down 7.8 %

The business has a 50 day simple moving average of GBX 0.54 and a 200 day simple moving average of GBX 0.59. 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 market cap of £5.16 million, a price-to-earnings ratio of -21.11 and a beta of 0.65.

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.