Inspired (LON:INSE) Stock Crosses Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Inspired Plc's share price has risen above its 200-day moving average of GBX 69.70, recently trading at GBX 80.30.
• The stock has a market capitalization of £127.72 million and a notable P/E ratio of 73.25, indicating growth potential.
• Wall Street analyst Shore Capital has maintained a "house stock" rating on Inspired, reflecting positive sentiment towards the company's performance.

Inspired Plc (LON:INSE - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 69.70 ($0.94) and traded as high as GBX 81 ($1.09). Inspired shares last traded at GBX 80.30 ($1.08), with a volume of 864,521 shares.

Inspired Stock Up 0.5%

The firm's 50-day simple moving average is GBX 79.74 and its 200 day simple moving average is GBX 70.03. The company has a debt-to-equity ratio of 98.94, a quick ratio of 1.59 and a current ratio of 2.14. The stock has a market capitalization of £128.30 million, a P/E ratio of 73.58 and a beta of 0.53.

About Inspired

Inspired is the UK's leading commercial energy and sustainability advisor. A genuine end-to-end service provider, Inspired designs and implements solutions to help over 3,500 organisations control their energy costs, achieve net zero and thrive in the future low-carbon economy. The Group focus on improving cost control, reducing energy consumption and carbon emissions, and ensuring regulatory compliance—challenges referred to as the 4Cs.