Inspiration Healthcare Group (LON:IHC) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Inspiration Healthcare Group plc (LON:IHC) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 15.90 ($0.21) and traded as high as GBX 16.75 ($0.22). Inspiration Healthcare Group shares last traded at GBX 16.60 ($0.21), with a volume of 3,780 shares traded.

Inspiration Healthcare Group Stock Performance

The company has a quick ratio of 1.55, a current ratio of 2.52 and a debt-to-equity ratio of 53.18. The company’s 50-day moving average is GBX 15.90 and its two-hundred day moving average is GBX 16.12. The company has a market capitalization of £14.38 million, a P/E ratio of -1.14 and a beta of 0.09.

Insider Transactions at Inspiration Healthcare Group

In related news, insider Neil Campbell sold 2,000,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of GBX 17 ($0.22), for a total transaction of £340,000 ($440,072.48). 31.80% of the stock is owned by insiders.

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.