Surgical Innovations Group (LON:SUN) Announces Quarterly Earnings Results

Surgical Innovations Group (LON:SUN) released its earnings results on Wednesday. The company reported GBX (0.03) earnings per share for the quarter, Digital Look Earnings reports. Surgical Innovations Group had a negative return on equity of 6.04% and a negative net margin of 4.96%.

Surgical Innovations Group Stock Down 8.5%

LON SUN traded down GBX 0.03 during trading on Friday, reaching GBX 0.37. 149,436 shares of the company’s stock were exchanged, compared to its average volume of 440,769. The company has a debt-to-equity ratio of 13.96, a quick ratio of 1.61 and a current ratio of 1.94. Surgical Innovations Group has a 1 year low of GBX 0.33 and a 1 year high of GBX 0.60. The stock has a market cap of £3.41 million, a P/E ratio of -3.66 and a beta of 0.65. The company has a 50 day moving average price of GBX 0.42 and a two-hundred day moving average price of GBX 0.45.

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.