Inspired (LON:INSE) Trading Down 9.2%

Inspired Plc (LON:INSE) fell 9.2% on Friday . The stock traded as low as GBX 54 ($0.71) and last traded at GBX 54 ($0.71). 97,061 shares were traded during mid-day trading, a decline of 13% from the average session volume of 111,051 shares. The stock had previously closed at GBX 59.50 ($0.78).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of Inspired in a research note on Friday, August 16th.

Inspired Stock Performance

The company has a quick ratio of 1.59, a current ratio of 1.39 and a debt-to-equity ratio of 108.95. The stock has a fifty day moving average of GBX 71.10 and a 200-day moving average of GBX 74.21. The stock has a market capitalization of £56.95 million, a PE ratio of -772.86 and a beta of 0.53.

Inspired Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, October 10th will be given a dividend of GBX 1.45 ($0.02) per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 2.21%. Inspired’s payout ratio is -4,285.71%.

Inspired Company Profile

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.