Inspiration Healthcare Group (LON:IHC) Stock Price Passes Below 50 Day Moving Average – What’s Next?

by · The Markets Daily

Inspiration Healthcare Group plc (LON:IHC – Get Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 20.35 and traded as low as GBX 19.50. Inspiration Healthcare Group shares last traded at GBX 21, with a volume of 7,116 shares trading hands.

Inspiration Healthcare Group Stock Performance

The business has a 50-day moving average price of GBX 20.35 and a 200-day moving average price of GBX 21.09. The company has a quick ratio of 1.55, a current ratio of 2.52 and a debt-to-equity ratio of 53.18. The firm has a market capitalization of £18.83 million, a price-to-earnings ratio of -1.54 and a beta of 0.09.

Inspiration Healthcare Group (LON:IHC – Get Free Report) last posted its quarterly earnings data on Tuesday, October 7th. The company reported GBX (0.29) earnings per share for the quarter. Inspiration Healthcare Group had a negative return on equity of 34.30% and a negative net margin of 28.46%. As a group, sell-side analysts forecast that Inspiration Healthcare Group plc will post 1.3444767 earnings per share for the current year.

About Inspiration Healthcare Group

(Get Free Report)

Inspiration Healthcare (AIM: IHC) designs, manufactures and markets pioneering medical technology. Based in the UK, the Company specialises in neonatal intensive care medical devices, which are addressing a critical need to help to save the lives and improve the outcomes of patients, starting with the very first breaths of life.

The Company has a broad portfolio of its own products and complementary distributed products, for use in neonatal intensive care designed to support even the most premature babies throughout their hospital stay.

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