Inspiration Healthcare Group (LON:IHC) Shares Up 11.1% – Here’s Why

Inspiration Healthcare Group plc (LON:IHC) shares traded up 11.1% on Tuesday . The stock traded as high as GBX 15 ($0.19) and last traded at GBX 15 ($0.19). 73,712 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 75,779 shares. The stock had previously closed at GBX 13.50 ($0.17).

Inspiration Healthcare Group Trading Up 2.8 %

The company has a market capitalization of £16.47 million, a P/E ratio of -1.30 and a beta of 0.09. The company has a debt-to-equity ratio of 53.18, a current ratio of 2.52 and a quick ratio of 1.55. The business’s 50-day moving average price is GBX 13.49 and its two-hundred day moving average price is GBX 17.88.

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.