Inspired (LON:INSE) Stock Crosses Below 200-Day Moving Average of $66.81

Inspired Plc (LON:INSE) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 66.81 ($0.83) and traded as low as GBX 61.16 ($0.76). Inspired shares last traded at GBX 64.50 ($0.80), with a volume of 130,668 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Inspired in a research note on Wednesday, January 31st.

Inspired Stock Down 3.1 %

The company has a debt-to-equity ratio of 108.95, a current ratio of 1.39 and a quick ratio of 1.59. The company has a market cap of £63.06 million, a price-to-earnings ratio of -921.43 and a beta of 0.50. The firm’s 50 day simple moving average is GBX 66.34 and its 200-day simple moving average is GBX 66.81.

Inspired Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 26th. Shareholders of record on Thursday, June 20th will be paid a GBX 1.50 ($0.02) dividend. This represents a yield of 2.4%. The ex-dividend date is Thursday, June 20th. This is an increase from Inspired’s previous dividend of $1.40. Inspired’s dividend payout ratio is currently -4,285.71%.

Inspired Company Profile

Inspired Plc provides energy consultancy services to corporate business energy users in the United Kingdom and Ireland. Its Assurance Division reviews, analyzes, and negotiates gas and electricity contracts. The company's Optimisation Division focuses on client's energy consumption optimization services include forensic audits, energy projects, and water solutions.