Inspiration Healthcare Group (LON:IHC) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Inspiration Healthcare Group plc (LON:IHC) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 16.83 ($0.22) and traded as low as GBX 16.75 ($0.22). Inspiration Healthcare Group shares last traded at GBX 16.95 ($0.22), with a volume of 4,772 shares.

Inspiration Healthcare Group Price Performance

The stock has a market capitalization of £14.68 million, a PE ratio of -1.16 and a beta of 0.09. The stock’s 50 day moving average is GBX 16.83 and its two-hundred day moving average is GBX 15.60. The company has a debt-to-equity ratio of 53.18, a quick ratio of 1.55 and a current ratio of 2.52.

Insider Buying and Selling

In related news, insider Neil Campbell sold 2,000,000 shares of the company’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of GBX 17 ($0.22), for a total value of £340,000 ($449,973.53). 31.80% of the stock is owned by company insiders.

Inspiration Healthcare Group Company Profile

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.