Spire Healthcare Group (LON:SPI) Shares Down 18.1% – What’s Next?

Spire Healthcare Group plc (LON:SPI) shares traded down 18.1% during mid-day trading on Thursday . The stock traded as low as GBX 169 ($2.18) and last traded at GBX 183.95 ($2.37). 8,024,729 shares changed hands during trading, an increase of 1,005% from the average session volume of 726,218 shares. The stock had previously closed at GBX 224.50 ($2.89).

Spire Healthcare Group Stock Down 18.1 %

The company’s 50-day moving average price is GBX 229.09 and its 200 day moving average price is GBX 230.72. The stock has a market cap of £738.69 million, a PE ratio of 26.18, a price-to-earnings-growth ratio of 1.06 and a beta of 0.96. The company has a debt-to-equity ratio of 62.25, a quick ratio of 0.74 and a current ratio of 0.70.

Spire Healthcare Group (LON:SPI) last released its earnings results on Thursday, March 6th. The company reported GBX 8.80 ($0.11) earnings per share for the quarter. Spire Healthcare Group had a return on equity of 3.82% and a net margin of 1.96%. As a group, analysts forecast 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.