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 Thursday . The stock has a 50-day moving average of GBX 14.90 ($0.19) and traded as low as GBX 12.50 ($0.16). Inspiration Healthcare Group shares last traded at GBX 12.65 ($0.16), with a volume of 932 shares changing hands.

Inspiration Healthcare Group Trading Up 4.0 %

The business has a fifty day moving average price of GBX 14.82 and a 200-day moving average price of GBX 19.39. 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 company has a market cap of £11.66 million, a P/E ratio of -92.86 and a beta of 0.09.

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.