Inspired (LON:INSE) Shares Up 14% – Still a Buy?

Inspired Plc (LON:INSE) shot up 14% during trading on Wednesday . The company traded as high as GBX 65 ($0.81) and last traded at GBX 65 ($0.81). 218,105 shares traded hands during mid-day trading, a decline of 74% from the average session volume of 843,075 shares. The stock had previously closed at GBX 57 ($0.71).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of Inspired in a research report on Thursday.

Inspired Stock Performance

The company has a current ratio of 2.14, a quick ratio of 1.59 and a debt-to-equity ratio of 101.57. The firm has a fifty day moving average price of GBX 43.49 and a 200 day moving average price of GBX 51.82. The firm has a market cap of £71.52 million, a PE ratio of 6,794.00 and a beta of 0.53.

Inspired Company Profile

Inspired PLC is a leading B2B technology enabled service provider delivering solutions that enable corporate businesses to transition to net-zero carbon and manage their response to climate change in the UK and Ireland.

Founded in 2000, Inspired operates four divisions: Assurance Services, Optimisation Services, ESG Services and Software Services, providing expert energy advisory and sustainability services to over 3,500 businesses who typically spend more than £100,000 on energy and water per year.