Spire Healthcare Group (LON:SPI) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Shares of Spire Healthcare Group plc (LON:SPI) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 220.08 and traded as high as GBX 232.50. Spire Healthcare Group shares last traded at GBX 232.50, with a volume of 56,198,000 shares trading hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 245 price target on shares of Spire Healthcare Group in a research report on Friday, May 15th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Spire Healthcare Group currently has a consensus rating of “Buy” and an average target price of GBX 245.

Spire Healthcare Group Stock Performance

The business’s fifty day moving average price is GBX 220.69 and its 200-day moving average price is GBX 195.75. The stock has a market cap of £941.41 million, a PE ratio of 58.75, a P/E/G ratio of 1.06 and a beta of 0.93. The company has a debt-to-equity ratio of 177.14, a quick ratio of 0.73 and a current ratio of 0.63.

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. The company also provides eye surgery and treatments, family planning, gastroenterology, general medicine, general surgery, haematology, hand surgery, hip and knee treatment, and heart and kidney treatments.