Spire Healthcare Group (LON:SPI) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Spire Healthcare Group plc (LON:SPI) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 214.30 and traded as high as GBX 219.50. Spire Healthcare Group shares last traded at GBX 218, with a volume of 304,620 shares changing hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 245 price objective on shares of Spire Healthcare Group in a research report on Friday, May 15th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Spire Healthcare Group presently has a consensus rating of “Buy” and a consensus price target of GBX 276.

Spire Healthcare Group Stock Performance

The firm has a market capitalization of £873.30 million, a price-to-earnings ratio of 54.50, a PEG ratio of 1.06 and a beta of 0.93. The company has a current ratio of 0.63, a quick ratio of 0.73 and a debt-to-equity ratio of 177.14. The stock’s 50-day moving average is GBX 214.30 and its 200-day moving average is GBX 190.05.

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.