Spire Healthcare Group (LON:SPI) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Shares of Spire Healthcare Group plc (LON:SPIGet Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 218.67 and traded as high as GBX 237.50. Spire Healthcare Group shares last traded at GBX 231.50, with a volume of 3,750,947 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 245 price objective on shares of Spire Healthcare Group in a research note on Friday, May 15th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 276.

Check Out Our Latest Analysis on SPI

Spire Healthcare Group Stock Performance

The stock has a market capitalization of £937.40 million, a PE ratio of 58.50, a PEG ratio of 1.06 and a beta of 0.93. The business’s 50 day moving average is GBX 219.16 and its 200 day moving average is GBX 193.43. The company has a current ratio of 0.63, a quick ratio of 0.73 and a debt-to-equity ratio of 177.14.

About Spire Healthcare Group

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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. The company also provides eye surgery and treatments, family planning, gastroenterology, general medicine, general surgery, haematology, hand surgery, hip and knee treatment, and heart and kidney treatments.

Further Reading

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