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

Inspiration Healthcare Group plc (LON:IHC) shares reached a new 52-week high on Thursday . The stock traded as high as GBX 31 and last traded at GBX 28, with a volume of 700670 shares trading hands. The stock had previously closed at GBX 25.90.

Inspiration Healthcare Group Stock Up 7.1%

The firm has a market capitalization of £26.90 million, a PE ratio of -2.20 and a beta of 0.72. The business’s 50 day simple moving average is GBX 22.94 and its 200 day simple moving average is GBX 19.41. The company has a current ratio of 2.39, a quick ratio of 1.55 and a debt-to-equity ratio of 78.90.

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.