Inspired (LON:INSE) Releases Quarterly Earnings Results

Inspired (LON:INSE) released its quarterly earnings results on Monday. The company reported GBX 8.98 ($0.12) earnings per share for the quarter, Digital Look Earnings reports. Inspired had a return on equity of 1.84% and a net margin of 1.12%.

Inspired Stock Down 1.8 %

Shares of LON INSE opened at GBX 56 ($0.72) on Wednesday. The company has a quick ratio of 1.59, a current ratio of 2.14 and a debt-to-equity ratio of 98.94. The business’s 50 day moving average is GBX 61.63 and its two-hundred day moving average is GBX 49.01. Inspired has a 52-week low of GBX 34 ($0.44) and a 52-week high of GBX 96 ($1.24). The firm has a market cap of £89.40 million, a price-to-earnings ratio of 51.28 and a beta of 0.53.

Inspired Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, July 25th. Investors of record on Thursday, June 19th will be issued a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, June 19th. This represents a yield of 1.77%. Inspired’s dividend payout ratio (DPR) is presently 274.69%.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Inspired in a research report on Monday.

About Inspired

Inspired PLC is a leading B2B technology enabled service provider delivering solutions that enable corporate businesses to transition to net-zero carbon and manage their response to climate change in the UK and Ireland.

Founded in 2000, Inspired operates four divisions: Assurance Services, Optimisation Services, ESG Services and Software Services, providing expert energy advisory and sustainability services to over 3,500 businesses who typically spend more than £100,000 on energy and water per year.