Inspired (LON:INSE) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Inspired Plc (LON:INSE) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 68.18 and traded as low as GBX 7.95. Inspired shares last traded at GBX 8.04, with a volume of 79,055 shares traded.

Inspired Stock Up 0.8%

The firm has a market cap of £13.30 million, a P/E ratio of 0.92 and a beta of 0.53. The company has a quick ratio of 1.59, a current ratio of 2.14 and a debt-to-equity ratio of 98.94. The firm has a fifty day moving average of GBX 55.89 and a 200-day moving average of GBX 68.18.

Insider Activity

In other Inspired news, insider Sangita Shah sold 291,596 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of GBX 81, for a total transaction of £236,192.76. Also, insider David Cockshott sold 237,000 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of GBX 81, for a total value of £191,970. Over the last quarter, insiders have sold 2,363,296 shares of company stock valued at $190,514,960. 54.99% of the stock is owned by insiders.

About Inspired

Inspired is the UK’s leading commercial energy and sustainability advisor.

A genuine end-to-end service provider, Inspired designs and implements solutions to help over 3,500 organisations control their energy costs, achieve net zero and thrive in the future low-carbon economy.

The Group focus on improving cost control, reducing energy consumption and carbon emissions, and ensuring regulatory compliance—challenges referred to as the 4Cs.