Spire Healthcare Group (LON:SPI) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Spire Healthcare Group plc (LON:SPI) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 221.42 ($2.74) and traded as high as GBX 226.50 ($2.80). Spire Healthcare Group shares last traded at GBX 226 ($2.80), with a volume of 79,813 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 300 ($3.71) price objective on shares of Spire Healthcare Group in a research note on Tuesday, September 17th.

Spire Healthcare Group Stock Performance

The stock’s 50 day simple moving average is GBX 221.47 and its two-hundred day simple moving average is GBX 234.86. The company has a market capitalization of £920.71 million, a P/E ratio of 3,257.14, a P/E/G ratio of 1.06 and a beta of 0.96. The company has a debt-to-equity ratio of 169.51, a current ratio of 0.70 and a quick ratio of 0.74.

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.