Spire Healthcare Group (LON:SPI) Shares Down 20.1% – Here’s What Happened

Spire Healthcare Group plc (LON:SPI)’s share price traded down 20.1% on Thursday . The stock traded as low as GBX 169 ($2.18) and last traded at GBX 179.39 ($2.31). 21,522,984 shares were traded during mid-day trading, an increase of 2,011% from the average session volume of 1,019,659 shares. The stock had previously closed at GBX 224.50 ($2.89).

Spire Healthcare Group Trading Down 18.1 %

The stock has a 50-day moving average of GBX 229.09 and a two-hundred day moving average of GBX 230.72. The company has a market cap of £738.69 million, a P/E ratio of 26.18, a price-to-earnings-growth ratio of 1.06 and a beta of 0.96. The company has a debt-to-equity ratio of 62.25, a quick ratio of 0.74 and a current ratio of 0.70.

Spire Healthcare Group (LON:SPI) last issued its quarterly earnings results on Thursday, March 6th. The company reported GBX 8.80 ($0.11) earnings per share for the quarter. Spire Healthcare Group had a return on equity of 3.82% and a net margin of 1.96%. On average, equities research analysts predict that Spire Healthcare Group plc will post 15.6634747 earnings per share for the current year.

About Spire Healthcare Group

Spire Healthcare Group plc, together with its subsidiaries, owns and operates private hospitals and clinics. It offers various treatments in the areas of allergy and infectious diseases, blood tests, bones and joints, bowel treatments, breast screening and surgery, cancer investigations and treatments, cosmetic surgery, cyst removal, and dental surgery, as well as ear, nose, and throat treatments.