Inspiration Healthcare Group (LON:IHC) Stock Price Down 10.3% – Here’s Why

Inspiration Healthcare Group plc (LON:IHC) dropped 10.3% on Friday . The stock traded as low as GBX 12.50 and last traded at GBX 13. Approximately 997,959 shares changed hands during mid-day trading, an increase of 381% from the average daily volume of 207,516 shares. The stock had previously closed at GBX 14.50.

Inspiration Healthcare Group Trading Down 12.1%

The company has a debt-to-equity ratio of 53.18, a quick ratio of 1.55 and a current ratio of 2.52. The stock has a market capitalization of £11.43 million, a P/E ratio of -0.93 and a beta of 0.09. The stock has a 50-day moving average price of GBX 17.76 and a two-hundred day moving average price of GBX 20.

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.