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Spire Healthcare Group (LON:SPI) Stock Price Passes Above 50 Day Moving Average - Here's Why

Spire Healthcare Group logo with Medical background

Shares of Spire Healthcare Group plc (LON:SPI - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 221.42 ($2.77) and traded as high as GBX 226.50 ($2.83). Spire Healthcare Group shares last traded at GBX 226 ($2.83), with a volume of 79,813 shares trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 300 ($3.75) price objective on shares of Spire Healthcare Group in a report on Tuesday, September 17th.

View Our Latest Stock Analysis on SPI

Spire Healthcare Group Price Performance

The stock's 50-day moving average price is GBX 221.47 and its 200 day moving average price is GBX 234.86. 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 £912.63 million, a price-to-earnings ratio of 3,228.57, a PEG ratio of 1.06 and a beta of 0.96.

About Spire Healthcare Group

(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.

Further Reading

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