Induction Healthcare Group (LON:INHC) Hits New 12-Month Low – Here’s Why

Induction Healthcare Group PLC (LON:INHCGet Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 5.61 ($0.07) and last traded at GBX 6.40 ($0.08), with a volume of 169031 shares trading hands. The stock had previously closed at GBX 6 ($0.08).

Induction Healthcare Group Price Performance

The company has a debt-to-equity ratio of 0.13, a current ratio of 1.44 and a quick ratio of 1.10. The stock has a market cap of £5.54 million, a price-to-earnings ratio of -1.08 and a beta of -0.41. The stock’s 50 day simple moving average is GBX 7.60 and its two-hundred day simple moving average is GBX 8.09.

About Induction Healthcare Group

(Get Free Report)

Induction (AIM: INHC) Induction delivers a suite of software solutions that transforms care delivery and the patient journey through hospital. Our system-wide applications help healthcare providers and administrators to deliver care at any stage remotely as well as face-to-face – giving the communities they serve greater flexibility, control and ease of access.

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