Inspiration Healthcare Group (LON:IHC) Reaches New 52-Week High – Still a Buy?

Shares of Inspiration Healthcare Group plc (LON:IHC) reached a new 52-week high on Wednesday . The stock traded as high as GBX 32 and last traded at GBX 31.80, with a volume of 210762 shares traded. The stock had previously closed at GBX 30.60.

Inspiration Healthcare Group Stock Up 3.9%

The stock has a fifty day moving average price of GBX 23.81 and a two-hundred day moving average price of GBX 19.71. The company has a market cap of £28.51 million, a price-to-earnings ratio of -2.33 and a beta of 0.72. The company has a quick ratio of 1.55, a current ratio of 2.39 and a debt-to-equity ratio of 78.90.

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.