Inspiration Healthcare Group (LON:IHC) Stock Price Up 13.6% – Should You Buy?

Inspiration Healthcare Group plc (LON:IHC) shares traded up 13.6% on Thursday . The company traded as high as GBX 19.90 and last traded at GBX 19.60. 557,007 shares traded hands during mid-day trading, an increase of 100% from the average session volume of 278,060 shares. The stock had previously closed at GBX 17.25.

Inspiration Healthcare Group Stock Performance

The firm has a fifty day simple moving average of GBX 15.48 and a 200-day simple moving average of GBX 18.94. The company has a quick ratio of 1.55, a current ratio of 2.52 and a debt-to-equity ratio of 53.18. The company has a market cap of £17.57 million, a PE ratio of -1.44 and a beta of 0.09.

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.