Spire Healthcare Group (LON:SPI) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Spire Healthcare Group plc (LON:SPI) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 174.02 and traded as high as GBX 219. Spire Healthcare Group shares last traded at GBX 217, with a volume of 6,647,986 shares traded.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 245 target price on shares of Spire Healthcare Group in a report on Friday, May 15th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 276.

Spire Healthcare Group Trading Down 0.2%

The company has a debt-to-equity ratio of 177.14, a quick ratio of 0.74 and a current ratio of 0.63. The firm’s fifty day simple moving average is GBX 174.02 and its 200-day simple moving average is GBX 184.51. The stock has a market cap of £867.29 million, a P/E ratio of 54.13, a price-to-earnings-growth ratio of 1.06 and a beta of 0.91.

Spire Healthcare Group (LON:SPI) last released its quarterly earnings results on Friday, March 6th. The company reported GBX 9.60 earnings per share (EPS) for the quarter. Spire Healthcare Group had a net margin of 1.04% and a return on equity of 2.22%. Equities research analysts expect that Spire Healthcare Group plc will post 15.6634747 EPS for the current fiscal year.

About Spire Healthcare Group

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.