Surgical Innovations Group (LON:SUN) Shares Up 12% – Still a Buy?

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

Surgical Innovations Group Price 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 cap of £5.00 million, a price-to-earnings ratio of -21.11 and a beta of 0.65. The stock’s 50 day moving average price is GBX 0.55 and its two-hundred day moving average price is GBX 0.59.

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.