Creo Medical Group (LON:CREO) Shares Up 24% – Still a Buy?

Shares of Creo Medical Group PLC (LON:CREOGet Free Report) rose 24% during mid-day trading on Friday . The stock traded as high as GBX 15.50 and last traded at GBX 14.11. Approximately 1,270,726 shares traded hands during trading, an increase of 61% from the average daily volume of 790,687 shares. The stock had previously closed at GBX 11.38.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Creo Medical Group in a report on Thursday, April 16th.

Get Our Latest Analysis on CREO

Creo Medical Group Stock Performance

The stock has a market cap of £58.20 million, a PE ratio of -14.11 and a beta of 1.62. The company has a fifty day moving average price of GBX 12.08 and a 200 day moving average price of GBX 12.16. The company has a quick ratio of 2.19, a current ratio of 5.28 and a debt-to-equity ratio of 6.90.

Creo Medical Group Company Profile

(Get Free Report)

Creo Medical is a medical device company focused on the development and commercialisation of minimally invasive electrosurgical devices, bringing advanced energy to endoscopy.

The Company’s vision is to improve patient outcomes through the development and commercialisation of a suite of electrosurgical medical devices, each enabled by CROMA, powered by Kamaptive. The Group has developed the CROMA powered by Kamaptive full-spectrum adaptive technology to optimise surgical capability and patient outcomes.

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