Surgical Innovations Group (LON:SUN) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Shares of Surgical Innovations Group plc (LON:SUN) passed below its 200-day moving average during trading on Friday . 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 50,370 shares changing hands.

Surgical Innovations Group Stock Down 2.9%

The company has a debt-to-equity ratio of 13.96, a quick ratio of 1.61 and a current ratio of 1.94. The company has a market cap of £4.30 million, a P/E ratio of -4.61 and a beta of 0.65. The stock has a 50 day moving average price of GBX 0.47 and a 200 day moving average price of GBX 0.47.

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

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.