Inspiration Healthcare Group (LON:IHC) Shares Pass Above 50 Day Moving Average – Time to Sell?

Inspiration Healthcare Group plc (LON:IHC) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 13.14 ($0.17) and traded as high as GBX 14 ($0.18). Inspiration Healthcare Group shares last traded at GBX 13.16 ($0.17), with a volume of 25,321 shares.

Inspiration Healthcare Group Price Performance

The stock has a market capitalization of £11.40 million, a price-to-earnings ratio of -0.90 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 moving average of GBX 13.14 and a 200 day moving average of GBX 17.98.

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.