Inspiration Healthcare Group (LON:IHC) Stock Price Passes Below 50 Day Moving Average – Here’s Why

Inspiration Healthcare Group plc (LON:IHC)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 20.78 and traded as low as GBX 19.15. Inspiration Healthcare Group shares last traded at GBX 19.15, with a volume of 13,857 shares changing hands.

Inspiration Healthcare Group Stock Performance

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 business has a 50 day simple moving average of GBX 20.78 and a two-hundred day simple moving average of GBX 20.79. The firm has a market cap of £17.17 million, a PE ratio of -1.40 and a beta of 0.09.

Inspiration Healthcare Group (LON:IHC) last issued its earnings results on Tuesday, October 7th. The company reported GBX (0.29) earnings per share (EPS) for the quarter. Inspiration Healthcare Group had a negative net margin of 28.46% and a negative return on equity of 34.30%. As a group, equities research analysts forecast that Inspiration Healthcare Group plc will post 1.3444767 earnings per share for the current fiscal year.

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.