Inspiration Healthcare Group (LON:IHC) Share Price Passes Below 50-Day Moving Average – Time to Sell?

Shares of Inspiration Healthcare Group plc (LON:IHC) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 20.78 and traded as low as GBX 19.15. Inspiration Healthcare Group shares last traded at GBX 19.15, with a volume of 13,857 shares traded.

Inspiration Healthcare Group Stock Down 5.4%

The stock has a 50-day moving average of GBX 20.78 and a 200-day moving average of GBX 20.82. 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 £17.17 million, a PE ratio of -1.40 and a beta of 0.09.

Inspiration Healthcare Group (LON:IHC) last issued its quarterly earnings results on Tuesday, October 7th. The company reported GBX (0.29) earnings per share (EPS) for the quarter. Inspiration Healthcare Group had a negative net margin of 28.46% and a negative return on equity of 34.30%. Sell-side analysts predict that Inspiration Healthcare Group plc will post 1.3444767 earnings per share for the current fiscal year.

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.