Inspiration Healthcare Group (LON:IHC) Share Price Passes Above 50 Day Moving Average – What’s Next?

Inspiration Healthcare Group plc (LON:IHC)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 15.90 ($0.21) and traded as high as GBX 16.75 ($0.22). Inspiration Healthcare Group shares last traded at GBX 16.60 ($0.21), with a volume of 3,780 shares trading hands.

Inspiration Healthcare Group Stock Performance

The company’s 50-day simple moving average is GBX 15.90 and its 200 day simple moving average is GBX 16.12. The stock has a market cap of £14.38 million, a P/E ratio of -1.14 and a beta of 0.09. The company has a current ratio of 2.52, a quick ratio of 1.55 and a debt-to-equity ratio of 53.18.

Insider Buying and Selling

In other Inspiration Healthcare Group news, insider Neil Campbell sold 2,000,000 shares of Inspiration Healthcare Group stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of GBX 17 ($0.22), for a total value of £340,000 ($440,072.48). 31.80% of the stock is currently owned by corporate insiders.

Inspiration Healthcare Group Company Profile

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.