Spire Healthcare Group (LON:SPI) Trading Down 17.7% – Here’s What Happened

Spire Healthcare Group plc (LON:SPI)’s share price was down 17.7% during mid-day trading on Thursday . The stock traded as low as GBX 169 ($2.18) and last traded at GBX 184.80 ($2.38). Approximately 5,759,961 shares were traded during trading, an increase of 751% from the average daily volume of 676,984 shares. The stock had previously closed at GBX 224.50 ($2.89).

Spire Healthcare Group Price Performance

The company has a 50-day moving average of GBX 229.09 and a 200-day moving average of GBX 230.72. 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 stock has a market capitalization of £738.69 million, a price-to-earnings ratio of 26.18, a P/E/G ratio of 1.06 and a beta of 0.96.

Spire Healthcare Group (LON:SPI) last issued its earnings results on Thursday, March 6th. The company reported GBX 8.80 ($0.11) earnings per share (EPS) for the quarter. Spire Healthcare Group had a net margin of 1.96% and a return on equity of 3.82%. As a group, equities research analysts expect that Spire Healthcare Group plc will post 15.6634747 earnings per share 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.