Spire Healthcare Group (LON:SPI) Shares Cross Above 50 Day Moving Average – Should You Sell?

Spire Healthcare Group plc (LON:SPI)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 182.61 and traded as high as GBX 224. Spire Healthcare Group shares last traded at GBX 219.50, with a volume of 2,500,892 shares.

Analyst Upgrades and Downgrades

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 equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Spire Healthcare Group has an average rating of “Buy” and an average price target of GBX 276.

Spire Healthcare Group Trading Down 0.2%

The firm has a market capitalization of £877.31 million, a PE ratio of 54.75, a price-to-earnings-growth ratio of 1.06 and a beta of 0.92. The company’s 50-day simple moving average is GBX 184.05 and its 200 day simple moving average is GBX 184.52. The company has a quick ratio of 0.74, a current ratio of 0.63 and a debt-to-equity ratio of 177.14.

Spire Healthcare Group Company Profile

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.