Spire Healthcare Group (LON:SPI) Trading Down 16.9% – Here’s What Happened

Spire Healthcare Group plc (LON:SPIGet Free Report)’s share price dropped 16.9% on Wednesday . The stock traded as low as GBX 185 and last traded at GBX 185.80. Approximately 8,659,000 shares changed hands during 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 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 cap of £708.98 million, a P/E ratio of 38.30, a PEG ratio of 1.06 and a beta of 0.96. The business’s fifty day simple moving average is GBX 230.40 and its 200-day simple moving average is GBX 221.33.

Spire Healthcare Group Company Profile

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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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