Surgical Innovations Group (LON:SUN) Stock Passes Above Fifty Day Moving Average – What’s Next?

Shares of Surgical Innovations Group plc (LON:SUN) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 0.47 and traded as high as GBX 0.47. Surgical Innovations Group shares last traded at GBX 0.45, with a volume of 11,877 shares changing hands.

Surgical Innovations Group Trading Down 5.3%

The company has a market cap of £4.20 million, a PE ratio of -4.50 and a beta of 0.65. The stock’s 50 day moving average is GBX 0.47 and its 200-day moving average is GBX 0.46. The company has a quick ratio of 1.61, a current ratio of 1.94 and a debt-to-equity ratio of 13.96.

Surgical Innovations Group (LON:SUN) last issued its quarterly earnings data on Tuesday, April 21st. The company reported GBX (0.10) EPS for the quarter. Surgical Innovations Group had a negative return on equity of 6.04% and a negative net margin of 4.96%.The business had revenue of GBX 1,160 million during the quarter.

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.