Spire Healthcare Group (LON:SPI) Reaches New 52-Week High – What’s Next?

Spire Healthcare Group plc (LON:SPI) shares reached a new 52-week high during trading on Tuesday. The stock traded as high as GBX 248 and last traded at GBX 247.50, with a volume of 66,281 shares changing hands. The stock had previously closed at GBX 247.

Analyst Ratings Changes

Separately, Royal Bank Of Canada lowered Spire Healthcare Group to a “sector perform” rating and cut their price objective for the company from GBX 300 to GBX 250 in a research report on Monday, September 7th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 247.50.

Spire Healthcare Group Stock Up 0.2%

The firm has a market capitalization of £993.48 million, a PE ratio of -496.00, a PEG ratio of 1.06 and a beta of 0.93. The company has a fifty day moving average price of GBX 241.28 and a 200-day moving average price of GBX 213.04. The company has a debt-to-equity ratio of 180.14, a quick ratio of 0.73 and a current ratio of 0.58.

Spire Healthcare Group (LON:SPI) last posted its earnings results on Wednesday, September 30th. The company reported GBX (0.50) earnings per share for the quarter. Spire Healthcare Group had a negative net margin of 0.12% and a negative return on equity of 0.26%. As a group, analysts expect that Spire Healthcare Group plc will post 15.66 earnings per share for the current 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. 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.