Creo Medical Group (LON:CREO) Stock Price Up 3.6% – Here’s What Happened

Creo Medical Group PLC (LON:CREO)’s share price was up 3.6% during trading on Thursday . The stock traded as high as GBX 13 and last traded at GBX 12.56. Approximately 728,823 shares traded hands during trading, a decline of 13% from the average daily volume of 837,861 shares. The stock had previously closed at GBX 12.13.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Creo Medical Group in a report on Thursday, April 16th.

Creo Medical Group Stock Performance

The business’s 50-day moving average price is GBX 12.60 and its 200-day moving average price is GBX 12.10. The company has a debt-to-equity ratio of 6.90, a quick ratio of 2.19 and a current ratio of 5.28. The stock has a market cap of £51.77 million, a P/E ratio of -12.55 and a beta of 1.50.

About Creo Medical Group

Creo Medical is a medical device company focused on the development and commercialisation of minimally invasive electrosurgical devices, bringing advanced energy to endoscopy.

The Company’s vision is to improve patient outcomes through the development and commercialisation of a suite of electrosurgical medical devices, each enabled by CROMA, powered by Kamaptive. The Group has developed the CROMA powered by Kamaptive full-spectrum adaptive technology to optimise surgical capability and patient outcomes.