Spire Healthcare Group (LON:SPI) Shares Down 21.4% – Here’s Why

Spire Healthcare Group plc (LON:SPIGet Free Report) shares were down 21.4% during mid-day trading on Thursday . The company traded as low as GBX 169 ($2.18) and last traded at GBX 176.40 ($2.27). Approximately 3,426,506 shares traded hands during trading, an increase of 447% from the average daily volume of 626,257 shares. The stock had previously closed at GBX 224.50 ($2.89).

Spire Healthcare Group Stock Down 16.8 %

The company has a debt-to-equity ratio of 62.25, a current ratio of 0.70 and a quick ratio of 0.74. The company has a market capitalization of £749.79 million, a P/E ratio of 26.57, a P/E/G ratio of 1.06 and a beta of 0.96. The stock has a 50-day moving average price of GBX 229.09 and a 200-day moving average price of GBX 230.72.

About Spire Healthcare Group

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Spire Healthcare Group plc, together with its subsidiaries, owns and operates private hospitals and clinics. It offers various treatments in the areas of allergy and infectious diseases, blood tests, bones and joints, bowel treatments, breast screening and surgery, cancer investigations and treatments, cosmetic surgery, cyst removal, and dental surgery, as well as ear, nose, and throat treatments.

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