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

Assure Holdings Corp. (CVE:IOMGet Free Report)’s share price traded down 7.7% on Tuesday . The company 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 session volume of 2,316 shares. The stock had previously closed at C$5.85.

Assure Trading Down 7.7 %

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

About Assure

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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.

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