Medica Group’s (MGP) Reduce Rating Reiterated at Peel Hunt

Peel Hunt restated their reduce rating on shares of Medica Group (LON:MGP) in a research note released on Monday morning, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt reissued a hold rating and issued a GBX 126 ($1.66) price target on shares of Medica Group in a report on Thursday, January 23rd.

Shares of LON MGP opened at GBX 116.50 ($1.53) on Monday. The company has a market cap of $129.44 million and a price-to-earnings ratio of 16.88. Medica Group has a 12-month low of GBX 110.23 ($1.45) and a 12-month high of GBX 168.50 ($2.22). The company has a current ratio of 5.78, a quick ratio of 5.78 and a debt-to-equity ratio of 38.22. The stock’s 50 day simple moving average is GBX 137.32 and its 200 day simple moving average is GBX 141.

About Medica Group

Medica Group Plc provides teleradiology reporting services to NHS trusts and other customers in the United Kingdom. It offers same day routine teleradiology, radiographer plain film, NightHawk emergency CT and MR reporting, Dayhawk fast daytime, and CT colonography reporting services. The company also provides audit services, such as cause for concern audit, departmental quality assurance, and ongoing CT, MR, plain film, and ultrasound audit services; and specialist services.

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