Surgical Innovations Group (LON:SUN) Trading 22.7% Higher – What’s Next?

Surgical Innovations Group plc (LON:SUN)’s stock price rose 22.7% on Wednesday . The company traded as high as GBX 0.68 ($0.01) and last traded at GBX 0.68 ($0.01). Approximately 148,404 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 686,721 shares. The stock had previously closed at GBX 0.55 ($0.01).

Surgical Innovations Group Stock Performance

The company’s 50-day moving average is GBX 0.55 and its two-hundred day moving average is GBX 0.59. 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 company has a market cap of £6.25 million, a P/E ratio of -21.11 and a beta of 0.65.

Surgical Innovations Group Company Profile

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.