Induction Healthcare Group (LON:INHC) Reaches New 1-Year Low at $11.00

Induction Healthcare Group PLC (LON:INHC)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 11 ($0.14) and last traded at GBX 11.13 ($0.14), with a volume of 5275 shares changing hands. The stock had previously closed at GBX 12.50 ($0.15).

Induction Healthcare Group Stock Performance

The stock has a market capitalization of £11.09 million, a P/E ratio of -74.17 and a beta of -0.41. The company has a quick ratio of 1.10, a current ratio of 1.28 and a debt-to-equity ratio of 0.53. The business has a fifty day moving average price of GBX 15.15 and a 200-day moving average price of GBX 19.96.

Induction Healthcare Group Company Profile

Induction Healthcare Group PLC provides software to healthcare professionals in the United Kingdom, Europe, the United States, and internationally. It offers Induction Switch, hospital staff directory app that enables users to source, communicate, and share information with other healthcare professionals, as well as allows them to bypass legacy hospital switchboards; Induction Zesty, a digital patient engagement platform that ensures automated process for patients to manage their hospital appointments, view their letters and clinical records, as well as provides data remotely via digital questionnaires; Induction Guidance, a platform to create, edit, and publish their own local medical guidance and policies; and Induction Attend Anywhere, which offers video consultations to patients and service users to help hospitals, health systems, and other customers.