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

Shares of Spire Healthcare Group plc (LON:SPI) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 214.30 and traded as high as GBX 219.50. Spire Healthcare Group shares last traded at GBX 218, with a volume of 304,620 shares changing hands.

Wall Street Analyst Weigh In

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

Spire Healthcare Group Price Performance

The company has a current ratio of 0.63, a quick ratio of 0.73 and a debt-to-equity ratio of 177.14. The business’s fifty day moving average is GBX 214.30 and its 200 day moving average is GBX 190.05. The firm 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 0.93.

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.