Inspired (LON:INSE) Share Price Passes Below 200-Day Moving Average – Here’s Why

Inspired Plc (LON:INSE)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 55.59 ($0.70) and traded as low as GBX 41 ($0.51). Inspired shares last traded at GBX 42 ($0.53), with a volume of 36,197 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Inspired in a report on Monday, December 2nd.

Inspired Trading Up 10.8 %

The company has a market cap of £48.42 million, a price-to-earnings ratio of 4,600.00 and a beta of 0.53. The business has a fifty day simple moving average of GBX 38.86 and a 200 day simple moving average of GBX 55.49. The company has a quick ratio of 1.59, a current ratio of 2.14 and a debt-to-equity ratio of 101.57.

About Inspired

Inspired Plc provides energy consultancy services to corporate business energy users in the United Kingdom and Ireland. Its Assurance Division reviews, analyzes, and negotiates gas and electricity contracts. The company's Optimisation Division focuses on client's energy consumption optimization services include forensic audits, energy projects, and water solutions.