Spire Healthcare Group (LON:SPI) Shares Down 16.9% – Should You Sell?

Shares of Spire Healthcare Group plc (LON:SPIGet Free Report) traded down 16.9% on Wednesday . The stock traded as low as GBX 185 and last traded at GBX 185.80. Approximately 8,659,000 shares traded hands during mid-day trading, an increase of 493% from the average daily volume of 1,461,109 shares. The stock had previously closed at GBX 223.50.

Spire Healthcare Group Price Performance

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 business has a 50 day moving average price of GBX 231.78 and a 200-day moving average price of GBX 221.49. The company has a market capitalization of £708.98 million, a price-to-earnings ratio of 38.30, a P/E/G ratio of 1.06 and a beta of 0.96.

About Spire Healthcare Group

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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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