Inspiration Healthcare Group (LON:IHC) Share Price Passes Below 50-Day Moving Average – Here’s Why

Inspiration Healthcare Group plc (LON:IHC) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 13.79 ($0.17) and traded as low as GBX 12.40 ($0.15). Inspiration Healthcare Group shares last traded at GBX 12.40 ($0.15), with a volume of 41,107 shares.

Inspiration Healthcare Group Trading Down 4.6 %

The company has a market cap of £11.12 million, a PE ratio of -88.57 and a beta of 0.09. 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 company has a 50 day simple moving average of GBX 13.79 and a two-hundred day simple moving average of GBX 18.52.

About Inspiration Healthcare Group

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.