Spire Healthcare Group (LON:SPI) Stock Price Crosses Above 50 Day Moving Average of $238.45

Spire Healthcare Group plc (LON:SPI)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 238.45 ($2.95) and traded as high as GBX 250 ($3.09). Spire Healthcare Group shares last traded at GBX 247 ($3.05), with a volume of 140,243 shares trading hands.

Analyst Ratings Changes

Several equities analysts have weighed in on SPI shares. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 344 ($4.25) price objective on shares of Spire Healthcare Group in a research note on Thursday, April 18th. Berenberg Bank raised their target price on Spire Healthcare Group from GBX 286 ($3.53) to GBX 300 ($3.71) and gave the company a “buy” rating in a research report on Wednesday, April 17th.

Spire Healthcare Group Trading Down 0.2 %

The firm has a fifty day moving average of GBX 238.52 and a two-hundred day moving average of GBX 230.02. The company has a market cap of £996.18 million, a PE ratio of 3,521.43, a price-to-earnings-growth ratio of 1.06 and a beta of 0.99. The company has a current ratio of 0.69, a quick ratio of 0.74 and a debt-to-equity ratio of 170.37.

Spire Healthcare Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 21st. Shareholders of record on Thursday, May 23rd will be issued a dividend of GBX 2.10 ($0.03) per share. This represents a yield of 0.89%. The ex-dividend date of this dividend is Thursday, May 23rd. This is a positive change from Spire Healthcare Group’s previous dividend of $0.50. Spire Healthcare Group’s payout ratio is presently 4,285.71%.

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.