Inspired (LON:INSE) Share Price Passes Above Two Hundred Day Moving Average of $66.91

Posted by Thomas Dobrow on Apr 27th, 2024

Inspired Plc (LON:INSE – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 66.91 ($0.83) and traded as high as GBX 85.20 ($1.05). Inspired shares last traded at GBX 81 ($1.00), with a volume of 133,074 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Inspired in a report on Wednesday, January 31st.

Check Out Our Latest Research Report on INSE

Inspired Stock Down 8.5 %

The firm has a 50 day moving average price of GBX 67.33 and a 200-day moving average price of GBX 66.91. The company has a current ratio of 1.39, a quick ratio of 1.59 and a debt-to-equity ratio of 108.95. The firm has a market cap of £81.72 million, a PE ratio of -1,157.14 and a beta of 0.50.

Inspired Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 26th. Stockholders of record on Thursday, June 20th will be paid a GBX 1.50 ($0.02) dividend. This represents a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, June 20th. This is a boost from Inspired’s previous dividend of $1.40. Inspired’s dividend payout ratio (DPR) is presently -4,285.71%.

Inspired Company Profile

(Get Free Report)

Inspired Plc provides energy consultancy services to corporate business energy users in the United Kingdom and Ireland. Its Assurance Division reviews, analyzes, and negotiates gas and electricity contracts. The company's Optimisation Division focuses on client's energy consumption optimization services include forensic audits, energy projects, and water solutions.