Inspiration Healthcare Group (LON:IHC) Shares Up 13.6% – Here’s What Happened

Inspiration Healthcare Group plc (LON:IHC) rose 13.6% on Thursday . The stock traded as high as GBX 19.90 and last traded at GBX 19.60. Approximately 557,007 shares changed hands during trading, an increase of 100% from the average daily volume of 278,060 shares. The stock had previously closed at GBX 17.25.

Inspiration Healthcare Group Price Performance

The stock has a market capitalization of £17.57 million, a price-to-earnings ratio of -1.44 and a beta of 0.09. The company has a quick ratio of 1.55, a current ratio of 2.52 and a debt-to-equity ratio of 53.18. The stock has a fifty day moving average of GBX 15.48 and a 200-day moving average of GBX 18.94.

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.