Surgical Innovations Group (LON:SUN) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Surgical Innovations Group plc (LON:SUN)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 0.60 ($0.01) and traded as low as GBX 0.55 ($0.01). Surgical Innovations Group shares last traded at GBX 0.58 ($0.01), with a volume of 19,664 shares.

Surgical Innovations Group Stock Performance

The company has a debt-to-equity ratio of 13.96, a current ratio of 1.94 and a quick ratio of 1.61. The company has a market cap of £5.32 million, a PE ratio of -21.11 and a beta of 0.65. The business has a fifty day simple moving average of GBX 0.54 and a two-hundred day simple moving average of GBX 0.60.

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.