Inspired (LON:INSE) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Posted by Bonnie Powley on Nov 19th, 2024

Shares of Inspired Plc (LON:INSE – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 66.25 ($0.84) and traded as low as GBX 35.20 ($0.45). Inspired shares last traded at GBX 37 ($0.47), with a volume of 18,216 shares.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of Inspired in a research report on Friday, August 16th.

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Inspired Stock Down 2.7 %

The company’s 50-day moving average price is GBX 44.24 and its 200 day moving average price is GBX 66.25. The company has a debt-to-equity ratio of 101.57, a quick ratio of 1.59 and a current ratio of 2.14. The stock has a market cap of £37.90 million, a PE ratio of 3,700.00 and a beta of 0.53.

Inspired Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, October 10th will be issued a dividend of GBX 1.45 ($0.02) per share. The ex-dividend date is Thursday, October 10th. This represents a yield of 2.21%. Inspired’s dividend payout ratio is currently 30,000.00%.

Inspired Company Profile

(Get Free Report)

Inspired Plc provides energy consultancy services to corporate business energy users in the United Kingdom and Ireland. Its Assurance Division reviews, analyzes, and negotiates gas and electricity contracts. The company's Optimisation Division focuses on client's energy consumption optimization services include forensic audits, energy projects, and water solutions.