Surgical Innovations Group (LON:SUN) Shares Pass Below 200-Day Moving Average – Should You 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 quick ratio of 1.61, a current ratio of 1.94 and a debt-to-equity ratio of 13.96. The stock has a market capitalization of £5.36 million, a PE ratio of -21.11 and a beta of 0.65. The firm has a 50 day moving average price of GBX 0.55 and a 200-day moving average price 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.