Spire Healthcare Group (LON:SPI) Shares Down 17.8% – What’s Next?

Spire Healthcare Group plc (LON:SPI) shares were down 17.8% during mid-day trading on Thursday . The stock traded as low as GBX 169 ($2.18) and last traded at GBX 184.60 ($2.38). Approximately 5,565,048 shares changed hands during mid-day trading, an increase of 727% from the average daily volume of 672,747 shares. The stock had previously closed at GBX 224.50 ($2.89).

Spire Healthcare Group Trading Down 17.8 %

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 £741.30 million, a P/E ratio of 26.27, a PEG ratio of 1.06 and a beta of 0.96. The business has a 50 day moving average of GBX 229.09 and a 200-day moving average of GBX 230.72.

Spire Healthcare Group (LON:SPI) last issued its quarterly earnings data on Thursday, March 6th. The company reported GBX 8.80 ($0.11) EPS for the quarter. Spire Healthcare Group had a net margin of 1.96% and a return on equity of 3.82%. Analysts anticipate that Spire Healthcare Group plc will post 15.6634747 EPS for the current fiscal year.

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.