Inspiration Healthcare Group (LON:IHC) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Inspiration Healthcare Group plc (LON:IHC) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 15.90 ($0.21) and traded as high as GBX 16.75 ($0.22). Inspiration Healthcare Group shares last traded at GBX 16.60 ($0.21), with a volume of 3,780 shares trading hands.

Inspiration Healthcare Group Price Performance

The stock has a market capitalization of £14.38 million, a P/E ratio of -1.14 and a beta of 0.09. The company has a debt-to-equity ratio of 53.18, a quick ratio of 1.55 and a current ratio of 2.52. The firm has a fifty day moving average price of GBX 15.90 and a two-hundred day moving average price of GBX 16.12.

Insider Buying and Selling at Inspiration Healthcare Group

In other Inspiration Healthcare Group news, insider Neil Campbell sold 200,000 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of GBX 20 ($0.26), for a total transaction of £40,000 ($51,773.23). 31.80% of the stock is owned by corporate insiders.

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.