Surgical Innovations Group (LON:SUN) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Surgical Innovations Group plc (LON:SUN) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.47 and traded as low as GBX 0.46. Surgical Innovations Group shares last traded at GBX 0.46, with a volume of 104,048 shares trading hands.

Surgical Innovations Group Stock Performance

The firm has a fifty day simple moving average of GBX 0.47 and a 200-day simple moving average of GBX 0.47. 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 £4.30 million, a PE ratio of -4.61 and a beta of 0.65.

Surgical Innovations Group (LON:SUN) last posted its earnings results on Tuesday, April 21st. The company reported GBX (0.10) earnings per share for the quarter. The firm had revenue of GBX 1,160 million during the quarter. Surgical Innovations Group had a negative net margin of 4.96% and a negative return on equity of 6.04%.

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.