Inspiration Healthcare Group (LON:IHC) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Inspiration Healthcare Group plc (LON:IHC)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 13.14 ($0.17) and traded as high as GBX 14 ($0.18). Inspiration Healthcare Group shares last traded at GBX 13.16 ($0.17), with a volume of 25,321 shares changing hands.

Inspiration Healthcare Group Stock Down 4.3 %

The business has a fifty day simple moving average of GBX 13.14 and a 200 day simple moving average of GBX 18.02. The firm has a market cap of £11.40 million, a price-to-earnings ratio of -0.90 and a beta of 0.09. The company has a debt-to-equity ratio of 53.18, a current ratio of 2.52 and a quick ratio of 1.55.

About Inspiration Healthcare Group

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.