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Spire Healthcare Group (LON:SPI) Stock Crosses Above 50 Day Moving Average - Here's What Happened

Spire Healthcare Group logo with Medical background

Spire Healthcare Group plc (LON:SPI - Get Free Report)'s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 221.43 ($2.78) and traded as high as GBX 224.50 ($2.81). Spire Healthcare Group shares last traded at GBX 223 ($2.80), with a volume of 175,965 shares trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 300 ($3.76) target price on shares of Spire Healthcare Group in a research note on Tuesday, September 17th.

Read Our Latest Report on Spire Healthcare Group

Spire Healthcare Group Trading Up 1.6 %

The company has a quick ratio of 0.74, a current ratio of 0.70 and a debt-to-equity ratio of 169.51. The firm has a market capitalization of £914.65 million, a price-to-earnings ratio of 3,235.71, a price-to-earnings-growth ratio of 1.06 and a beta of 0.96. The firm's 50 day moving average is GBX 221.43 and its 200 day moving average is GBX 236.06.

Spire Healthcare Group Company Profile

(Get Free Report)

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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