Surgical Innovations Group (LON:SUN) Shares Up 12% – Here’s Why

Surgical Innovations Group plc (LON:SUN) rose 12% during trading on Thursday . The company traded as high as GBX 0.56 ($0.01) and last traded at GBX 0.56 ($0.01). Approximately 875,629 shares were traded during mid-day trading, an increase of 19% from the average daily volume of 737,556 shares. The stock had previously closed at GBX 0.50 ($0.01).

Surgical Innovations Group Trading Up 12.0 %

The firm has a market capitalization of £5.22 million, a P/E ratio of -21.11 and a beta of 0.65. 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 firm has a 50 day simple moving average of GBX 0.54 and a two-hundred day simple moving average of GBX 0.59.

About Surgical Innovations Group

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.