Assure (CVE:IOM) Trading Down 7.7% – Here’s What Happened

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

Assure Stock Performance

The company has a 50-day simple moving average of C$5.40 and a two-hundred day simple moving average of C$5.40. The company has a quick ratio of 9.95, a current ratio of 9.98 and a debt-to-equity ratio of 48.55. The firm has a market cap of C$69.22 million and a PE 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.