Induction Healthcare Group (LON:INHC) Stock Price Down 7.1% – Time to Sell?

Induction Healthcare Group PLC (LON:INHCGet Free Report)’s stock price traded down 7.1% during mid-day trading on Thursday . The company traded as low as GBX 7.75 ($0.10) and last traded at GBX 7.90 ($0.10). 39,542 shares changed hands during trading, a decline of 86% from the average session volume of 276,793 shares. The stock had previously closed at GBX 8.50 ($0.11).

Induction Healthcare Group Stock Performance

The company has a quick ratio of 1.10, a current ratio of 1.83 and a debt-to-equity ratio of 0.28. The stock has a market cap of £7.98 million, a price-to-earnings ratio of -283.33 and a beta of -0.41. The company’s 50-day simple moving average is GBX 8.59 and its 200-day simple moving average is GBX 8.62.

Induction Healthcare Group Company Profile

(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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