Inspiration Healthcare Group (LON:IHC) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Inspiration Healthcare Group plc (LON:IHC) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 13.79 ($0.17) and traded as low as GBX 12.40 ($0.15). Inspiration Healthcare Group shares last traded at GBX 12.40 ($0.15), with a volume of 41,107 shares trading hands.

Inspiration Healthcare Group Price Performance

The company has a debt-to-equity ratio of 53.18, a current ratio of 2.52 and a quick ratio of 1.55. The stock has a market capitalization of £11.12 million, a price-to-earnings ratio of -88.57 and a beta of 0.09. The stock’s 50 day simple moving average is GBX 13.79 and its 200-day simple moving average is GBX 18.52.

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.