Spire Healthcare Group (LON:SPI) Shares Down 16.6% – Time to Sell?

Spire Healthcare Group plc (LON:SPIGet Free Report) shares fell 16.6% during trading on Wednesday . The company traded as low as GBX 185 and last traded at GBX 186.40. 28,573,668 shares changed hands during trading, an increase of 1,748% from the average session volume of 1,545,853 shares. The stock had previously closed at GBX 223.50.

Spire Healthcare Group Stock Performance

The stock has a fifty day moving average price of GBX 231.78 and a 200-day moving average price of GBX 221.49. The company has a current ratio of 0.70, a quick ratio of 0.74 and a debt-to-equity ratio of 62.25. The firm has a market capitalization of £708.98 million, a price-to-earnings ratio of 38.30, a PEG ratio of 1.06 and a beta of 0.96.

About Spire Healthcare Group

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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.

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