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Spire Healthcare Group (LON:SPI) Stock Crosses Above Fifty Day Moving Average - Here's Why

Spire Healthcare Group logo with Medical background

Spire Healthcare Group plc (LON:SPI - Get Free Report)'s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 197.44 ($2.67) and traded as high as GBX 210.70 ($2.85). Spire Healthcare Group shares last traded at GBX 209 ($2.83), with a volume of 1,856,627 shares changing hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Spire Healthcare Group from GBX 320 ($4.33) to GBX 300 ($4.06) and set a "buy" rating on the stock in a report on Thursday, March 6th.

View Our Latest Research Report on Spire Healthcare Group

Spire Healthcare Group Trading Up 1.4%

The stock's fifty day simple moving average is GBX 197.98 and its two-hundred day simple moving average is GBX 207.11. The firm has a market cap of £855.34 million, a PE ratio of 30.32, a PEG ratio of 1.06 and a beta of 0.96. The company has a quick ratio of 0.74, a current ratio of 0.70 and a debt-to-equity ratio of 62.25.

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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