Inspired (LON:INSE) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Inspired Plc (LON:INSE)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 54.20 ($0.67) and traded as low as GBX 40 ($0.49). Inspired shares last traded at GBX 46.50 ($0.57), with a volume of 505,607 shares.

Analyst Ratings Changes

Separately, Shore Capital reissued a “house stock” rating on shares of Inspired in a research note on Monday, December 2nd.

Inspired Stock Up 3.3 %

The firm has a market cap of £48.95 million, a P/E ratio of 4,650.00 and a beta of 0.53. The company has a current ratio of 2.14, a quick ratio of 1.59 and a debt-to-equity ratio of 101.57. The firm’s 50 day moving average is GBX 39.61 and its two-hundred day moving average is GBX 54.20.

About Inspired

Inspired Plc provides energy consultancy services to corporate business energy users in the United Kingdom and Ireland. Its Assurance Division reviews, analyzes, and negotiates gas and electricity contracts. The company's Optimisation Division focuses on client's energy consumption optimization services include forensic audits, energy projects, and water solutions.