Assure (CVE:IOM) Shares Down 7.7% – Should You Sell?

Assure Holdings Corp. (CVE:IOM) shares dropped 7.7% during mid-day trading on Friday . The company traded as low as C$5.40 and last traded at C$5.40. Approximately 4,816 shares traded hands during 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 company has a current ratio of 9.98, a quick ratio of 9.95 and a debt-to-equity ratio of 48.55. The stock has a market capitalization of C$69.22 million and a PE ratio of -16.31. The stock’s fifty day simple moving average is C$5.40 and its 200-day simple moving average is C$5.40.

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.