Induction Healthcare Group (LON:INHC) Shares Down 5.6%

Induction Healthcare Group PLC (LON:INHC)’s share price dropped 5.6% on Friday . The company traded as low as GBX 8.26 ($0.11) and last traded at GBX 8.50 ($0.11). Approximately 13,528 shares were traded during trading, a decline of 46% from the average daily volume of 25,192 shares. The stock had previously closed at GBX 9 ($0.12).

Induction Healthcare Group Stock Down 5.6 %

The company has a market capitalization of £7.98 million, a PE ratio of -283.33 and a beta of -0.39. The company has a current ratio of 1.83, a quick ratio of 1.10 and a debt-to-equity ratio of 0.28. The firm has a 50 day simple moving average of GBX 10.49 and a two-hundred day simple moving average of GBX 12.87.

Induction Healthcare Group Company Profile

Induction Healthcare Group PLC provides software to healthcare professionals in the United Kingdom, Europe, the United States, and internationally. It offers Induction Switch, hospital staff directory app that enables users to source, communicate, and share information with other healthcare professionals, as well as allows them to bypass legacy hospital switchboards; Induction Zesty, a digital patient engagement platform that ensures automated process for patients to manage their hospital appointments, view their letters and clinical records, as well as provides data remotely via digital questionnaires; Induction Guidance, a platform to create, edit, and publish their own local medical guidance and policies; and Induction Attend Anywhere, which offers video consultations to patients and service users to help hospitals, health systems, and other customers.