Induction Healthcare Group (LON:INHC) Trading Up 16.1% – Time to Buy?

Induction Healthcare Group PLC (LON:INHCGet Free Report)’s share price shot up 16.1% during mid-day trading on Tuesday . The stock traded as high as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). 31,178 shares were traded during trading, a decline of 78% from the average session volume of 144,408 shares. The stock had previously closed at GBX 5.60 ($0.07).

Induction Healthcare Group Trading Up 16.1 %

The business has a 50 day moving average of GBX 7.19 and a 200-day moving average of GBX 7.97. The stock has a market cap of £6.00 million, a PE ratio of -1.17 and a beta of -0.41. The company has a current ratio of 1.44, a quick ratio of 1.10 and a debt-to-equity ratio of 0.13.

About Induction Healthcare Group

(Get Free Report)

Induction (AIM: INHC) Induction delivers a suite of software solutions that transforms care delivery and the patient journey through hospital. Our system-wide applications help healthcare providers and administrators to deliver care at any stage remotely as well as face-to-face – giving the communities they serve greater flexibility, control and ease of access.

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