Assure (CVE:IOM) Shares Down 7.7% – Here’s Why

Assure Holdings Corp. (CVE:IOM – Get Free Report)’s share price fell 7.7% during trading on Wednesday. The stock traded as low as C$5.40 and last traded at C$5.40. Approximately 4,816 shares traded hands during mid-day trading, an increase of 108% from the average daily volume of 2,316 shares. The stock had previously closed at C$5.85.

Assure Stock Down 7.7%

The firm’s 50 day simple moving average is C$5.40 and its 200-day simple moving average is C$5.40. The company has a market cap of C$69.22 million and a price-to-earnings ratio of -16.31. The company has a debt-to-equity ratio of 48.55, a current ratio of 9.98 and a quick ratio of 9.95.

Assure Company Profile

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Assure Holdings Corp., together with its subsidiaries, provides technical and professional intraoperative neuromonitoring surgical support services primarily associated with spine and head surgeries to physicians. The company has operations in Louisiana, Michigan, Pennsylvania, Texas, Colorado, South Carolina, and Arizona, the United States. Assure Holdings Corp. is based in Denver, Colorado.

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