NMC Health PLC (LON:NMC) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $2,463.13 and traded as low as $2,567.00. NMC Health shares last traded at $2,640.00, with a volume of 664,736 shares traded.
Several brokerages have recently weighed in on NMC. Societe Generale reaffirmed a “buy” rating on shares of NMC Health in a research report on Tuesday, August 27th. Barclays reaffirmed an “overweight” rating on shares of NMC Health in a research report on Monday, September 9th. Berenberg Bank upped their target price on NMC Health from GBX 3,600 ($47.04) to GBX 4,000 ($52.27) and gave the stock a “buy” rating in a research report on Tuesday, September 17th. Finally, Jefferies Financial Group decreased their target price on NMC Health from GBX 2,077 ($27.14) to GBX 1,986 ($25.95) and set an “underperform” rating for the company in a research report on Tuesday, July 9th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. NMC Health has a consensus rating of “Buy” and an average price target of GBX 3,625.25 ($47.37).
The company has a 50-day moving average price of GBX 2,690.50 and a two-hundred day moving average price of GBX 2,466.06. The company has a debt-to-equity ratio of 165.90, a current ratio of 1.70 and a quick ratio of 1.43. The company has a market cap of $5.47 billion and a PE ratio of 19.43.
NMC Health Plc provides healthcare services in the United Arab Emirates, Spain, and internationally. The company operates through two businesses, NMC Healthcare and NMC Trading. It owns and manages approximately 135 healthcare facilities that include hospitals, medical centers, long term care facilities, day surgery centers, fertility centers, and home health services providers.
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