Inspiration Healthcare Group (LON:IHC) Trading Down 11.7% – Should You Sell?

Shares of Inspiration Healthcare Group plc (LON:IHC) dropped 11.7% on Wednesday . The stock traded as low as GBX 21.02 ($0.27) and last traded at GBX 21.90 ($0.28). Approximately 473,321 shares were traded during trading, an increase of 245% from the average daily volume of 137,200 shares. The stock had previously closed at GBX 24.80 ($0.31).

Inspiration Healthcare Group Trading Down 2.6 %

The company has a quick ratio of 1.55, a current ratio of 2.52 and a debt-to-equity ratio of 53.18. The firm’s 50 day simple moving average is GBX 13.59 and its two-hundred day simple moving average is GBX 17.83. The stock has a market cap of £16.03 million, a P/E ratio of -1.27 and a beta of 0.09.

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.