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

Assure Holdings Corp. (CVE:IOM)’s share price was down 7.7% on Wednesday . The company traded as low as C$5.40 and last traded at C$5.40. Approximately 4,815 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 Price Performance

The firm has a market capitalization of C$69.22 million and a PE ratio of -16.31. The business’s 50 day moving average is C$5.40 and its two-hundred day moving average is C$5.40. The company has a debt-to-equity ratio of 48.55, a quick ratio of 9.95 and a current ratio of 9.98.

About Assure

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.