Induction Healthcare Group (LON:INHC) Hits New 12-Month Low at $6.50

Induction Healthcare Group PLC (LON:INHC)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 6.50 ($0.09) and last traded at GBX 6.50 ($0.09), with a volume of 10843 shares trading hands. The stock had previously closed at GBX 7.50 ($0.10).

Induction Healthcare Group Stock Down 13.3 %

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.10 and a current ratio of 1.83. The business has a 50 day simple moving average of GBX 9.25 and a 200-day simple moving average of GBX 11.71. The firm has a market capitalization of £6.10 million, a price-to-earnings ratio of -250.00 and a beta of -0.41.

Induction Healthcare Group Company Profile

Induction Healthcare Group PLC provides software to healthcare professionals in the United Kingdom, Europe, the United States, and internationally. It offers Induction Switch, hospital staff directory app that enables users to source, communicate, and share information with other healthcare professionals, as well as allows them to bypass legacy hospital switchboards; Induction Zesty, a digital patient engagement platform that ensures automated process for patients to manage their hospital appointments, view their letters and clinical records, as well as provides data remotely via digital questionnaires; Induction Guidance, a platform to create, edit, and publish their own local medical guidance and policies; and Induction Attend Anywhere, which offers video consultations to patients and service users to help hospitals, health systems, and other customers.