Assure (CVE:IOM) Stock Falls 7.7% – Here’s Why

Assure Holdings Corp. (CVE:IOM – Get Free Report)’s share price fell 7.7% on Wednesday. The stock traded as low as C$5.40 and last traded at C$5.40. 4,816 shares were traded 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 Trading Down 7.7%

The business’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 PE ratio of -16.31. The company has a current ratio of 9.98, a quick ratio of 9.95 and a debt-to-equity ratio of 48.55.

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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