Spire Healthcare Group (LON:SPI) Stock Price Crosses Below 200-Day Moving Average - Should You Sell?

Spire Healthcare Group plc (LON:SPI - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 220.08 ($2.80) and traded as low as GBX 176.85 ($2.25). Spire Healthcare Group shares last traded at GBX 183.80 ($2.34), with a volume of 780,433 shares changing hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Spire Healthcare Group from GBX 320 ($4.07) to GBX 300 ($3.82) and set a "buy" rating on the stock in a research report on Thursday, March 6th.

Spire Healthcare Group Stock Performance

The company has a market cap of £701.33 million, a price-to-earnings ratio of 24.86, a P/E/G ratio of 1.06 and a beta of 0.96. The company has a debt-to-equity ratio of 62.25, a current ratio of 0.70 and a quick ratio of 0.74. The firm has a fifty day simple moving average of GBX 205.30 and a 200 day simple moving average of GBX 218.74.

Spire Healthcare Group (LON:SPI - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported GBX 8.80 ($0.11) earnings per share (EPS) for the quarter. Spire Healthcare Group had a net margin of 1.96% and a return on equity of 3.82%. On average, sell-side analysts expect that Spire Healthcare Group plc will post 15.6634747 earnings per share for the current fiscal year.

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Spire Healthcare Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 20th. Stockholders of record on Thursday, May 22nd will be paid a GBX 2.30 ($0.03) dividend. The ex-dividend date is Thursday, May 22nd. This is a positive change from Spire Healthcare Group's previous dividend of $2.10. This represents a dividend yield of 1.29%. Spire Healthcare Group's payout ratio is presently 42.70%.

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.