Inspired (LON:INSE) Trading Up 21.7% – Should You Buy?

Inspired Plc (LON:INSE)’s share price traded up 21.7% during trading on Monday . The stock traded as high as GBX 43 ($0.54) and last traded at GBX 42.60 ($0.54). 242,290 shares traded hands during trading, an increase of 132% from the average session volume of 104,529 shares. The stock had previously closed at GBX 35 ($0.44).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of Inspired in a research note on Monday.

Inspired Trading Down 0.9 %

The company has a current ratio of 2.14, a quick ratio of 1.59 and a debt-to-equity ratio of 101.57. The firm has a market capitalization of £40.16 million, a P/E ratio of 3,850.00 and a beta of 0.53. The business has a 50 day moving average of GBX 40.26 and a 200-day moving average of GBX 62.36.

Inspired Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, October 10th will be given a dividend of GBX 1.45 ($0.02) per share. This represents a dividend yield of 2.21%. The ex-dividend date is Thursday, October 10th. Inspired’s dividend payout ratio is 30,000.00%.

About Inspired

Inspired Plc provides energy consultancy services to corporate business energy users in the United Kingdom and Ireland. Its Assurance Division reviews, analyzes, and negotiates gas and electricity contracts. The company's Optimisation Division focuses on client's energy consumption optimization services include forensic audits, energy projects, and water solutions.