Inspired (LON:INSE) Stock Price Up 14% – Here’s What Happened

Shares of Inspired Plc (LON:INSE) traded up 14% during mid-day trading on Wednesday . The stock traded as high as GBX 65 ($0.81) and last traded at GBX 65 ($0.81). 218,105 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 843,075 shares. The stock had previously closed at GBX 57 ($0.71).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of Inspired in a research note on Tuesday, January 14th.

Inspired Stock Performance

The company has a market cap of £67.90 million, a P/E ratio of 6,450.00 and a beta of 0.53. The company has a quick ratio of 1.59, a current ratio of 2.14 and a debt-to-equity ratio of 101.57. The business has a fifty day simple moving average of GBX 42.41 and a two-hundred day simple moving average of GBX 51.82.

Inspired Company Profile

Inspired PLC is a leading B2B technology enabled service provider delivering solutions that enable corporate businesses to transition to net-zero carbon and manage their response to climate change in the UK and Ireland.

Founded in 2000, Inspired operates four divisions: Assurance Services, Optimisation Services, ESG Services and Software Services, providing expert energy advisory and sustainability services to over 3,500 businesses who typically spend more than £100,000 on energy and water per year.