Spire Healthcare Group (LON:SPI) Shares Down 16.7% – Here’s Why

Spire Healthcare Group plc (LON:SPIGet Free Report) fell 16.7% during trading on Wednesday . The company traded as low as GBX 185 and last traded at GBX 186.20. 28,162,176 shares changed hands during trading, an increase of 1,724% from the average session volume of 1,544,102 shares. The stock had previously closed at GBX 223.50.

Spire Healthcare Group Stock Performance

The company’s fifty day moving average price is GBX 231.78 and its two-hundred day moving average price is GBX 221.49. The company has a debt-to-equity ratio of 62.25, a quick ratio of 0.74 and a current ratio of 0.70. The firm has a market capitalization of £723.46 million, a PE ratio of 39.09, a price-to-earnings-growth ratio of 1.06 and a beta of 0.96.

Spire Healthcare Group Company Profile

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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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