Inspiration Healthcare Group (LON:IHC) Trading Down 8.7% – Here’s Why

Inspiration Healthcare Group plc (LON:IHC) was down 8.7% during mid-day trading on Friday . The stock traded as low as GBX 16.79 and last traded at GBX 16.99. Approximately 491,789 shares were traded during mid-day trading, an increase of 354% from the average daily volume of 108,239 shares. The stock had previously closed at GBX 18.60.

Inspiration Healthcare Group Stock Up 1.2%

The company has a quick ratio of 1.55, a current ratio of 2.52 and a debt-to-equity ratio of 53.18. The stock has a 50-day moving average of GBX 19.70 and a 200-day moving average of GBX 21.08. The company has a market cap of £15.20 million, a PE ratio of -1.24 and a beta of 0.09.

Inspiration Healthcare Group (LON:IHC) last issued its quarterly earnings data on Tuesday, October 7th. The company reported GBX (0.29) earnings per share (EPS) for the quarter. Inspiration Healthcare Group had a negative net margin of 28.46% and a negative return on equity of 34.30%. Sell-side analysts predict that Inspiration Healthcare Group plc will post 1.3444767 earnings per share for the current fiscal year.

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.