Inspiration Healthcare Group (LON:IHC) Stock Passes Above 50 Day Moving Average – Time to Sell?

Inspiration Healthcare Group plc (LON:IHC)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 15.47 ($0.20) and traded as high as GBX 16.75 ($0.22). Inspiration Healthcare Group shares last traded at GBX 16.37 ($0.21), with a volume of 2,568 shares traded.

Inspiration Healthcare Group Price Performance

The company has a current ratio of 2.52, a quick ratio of 1.55 and a debt-to-equity ratio of 53.18. The company has a 50 day moving average price of GBX 15.54 and a 200 day moving average price of GBX 16.35. The firm has a market cap of £13.86 million, a PE ratio of -1.10 and a beta of 0.09.

Insiders Place Their Bets

In related news, insider Neil Campbell sold 200,000 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of GBX 20 ($0.26), for a total value of £40,000 ($51,646.22). Corporate insiders own 31.80% of the company’s stock.

Inspiration Healthcare Group Company Profile

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.