Spire Healthcare Group (LON:SPI) Shares Pass Above 50-Day Moving Average – Here’s Why

Spire Healthcare Group plc (LON:SPI)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 183.82 and traded as high as GBX 204.50. Spire Healthcare Group shares last traded at GBX 200, with a volume of 33,875,848 shares traded.

Spire Healthcare Group Price Performance

The firm’s 50 day moving average is GBX 183.82 and its 200 day moving average is GBX 209.68. The firm has a market cap of £799.91 million, a P/E ratio of 43.22, a price-to-earnings-growth ratio of 1.06 and a beta of 0.96. The company has a debt-to-equity ratio of 62.25, a current ratio of 0.70 and a quick ratio of 0.74.

Spire Healthcare Group Company Profile

Spire Healthcare Group plc, together with its subsidiaries, owns and operates private hospitals and clinics. It offers various treatments in the areas of allergy and infectious diseases, blood tests, bones and joints, bowel treatments, breast screening and surgery, cancer investigations and treatments, cosmetic surgery, cyst removal, and dental surgery, as well as ear, nose, and throat treatments. The company also provides eye surgery and treatments, family planning, gastroenterology, general medicine, general surgery, haematology, hand surgery, hip and knee treatment, and heart and kidney treatments.