Assure (CVE:IOM) Stock Price Down 7.7% – Should You Sell?

Assure Holdings Corp. (CVE:IOM) shares traded down 7.7% on Wednesday . The stock traded as low as C$5.40 and last traded at C$5.40. 4,816 shares changed hands during mid-day trading, an increase of 108% from the average session volume of 2,316 shares. The stock had previously closed at C$5.85.

Assure Trading Down 7.7%

The company has a fifty day moving average of C$5.40 and a two-hundred day moving average of C$5.40. The company has a current ratio of 9.98, a quick ratio of 9.95 and a debt-to-equity ratio of 48.55. The stock has a market capitalization of C$69.22 million and a price-to-earnings ratio of -16.31.

Assure Company Profile

Assure Holdings Corp., together with its subsidiaries, provides technical and professional intraoperative neuromonitoring surgical support services primarily associated with spine and head surgeries to physicians. The company has operations in Louisiana, Michigan, Pennsylvania, Texas, Colorado, South Carolina, and Arizona, the United States. Assure Holdings Corp. is based in Denver, Colorado.