Spire Healthcare Group (LON:SPI) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Spire Healthcare Group plc (LON:SPI) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 200.78 and traded as high as GBX 218. Spire Healthcare Group shares last traded at GBX 218, with a volume of 978,499 shares changing hands.

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 research note on Friday, May 15th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Spire Healthcare Group has an average rating of “Buy” and an average target price of GBX 276.

Spire Healthcare Group Stock Performance

The stock’s 50 day moving average is GBX 200.78 and its 200-day moving average is GBX 185.91. The company has a debt-to-equity ratio of 177.14, a current ratio of 0.63 and a quick ratio of 0.73. The company has a market capitalization of £873.30 million, a P/E ratio of 54.50, a P/E/G ratio of 1.06 and a beta of 0.92.

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.