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

Spire Healthcare Group plc (LON:SPI)’s share price passed 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 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 data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 276.

Spire Healthcare Group Price Performance

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 PE ratio of 54.50, a P/E/G ratio of 1.06 and a beta of 0.92. The company has a 50-day moving average of GBX 200.78 and a two-hundred day moving average of GBX 185.91.

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.