Inspired (LON:INSE) Stock Price Crosses Above 200 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) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 ($1.09), with a volume of 864,521 shares trading hands.

Inspired Stock Down 0.6%

The business has a 50 day moving average of GBX 79.57 and a 200 day moving average of GBX 69.85. The company has a debt-to-equity ratio of 98.94, a current ratio of 2.14 and a quick ratio of 1.59. The firm has a market capitalization of £127.72 million, a price-to-earnings ratio of 73.25 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.