Inspiration Healthcare Group (LON:IHC) Reaches New 52-Week High – Here’s Why

Inspiration Healthcare Group plc (LON:IHC) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 25.60 and last traded at GBX 25.40, with a volume of 439926 shares trading hands. The stock had previously closed at GBX 23.10.

Inspiration Healthcare Group Stock Up 10.0%

The firm has a market cap of £22.77 million, a P/E ratio of -1.86 and a beta of 0.09. The firm’s 50-day moving average price is GBX 16.85 and its 200 day moving average price is GBX 19.03. The company has a debt-to-equity ratio of 78.90, a current ratio of 2.39 and a quick ratio of 1.55.

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.