Spire Healthcare Group (LON:SPI) Stock Price Down 16.3% – Here’s What Happened

Spire Healthcare Group plc (LON:SPI)’s share price was down 16.3% during mid-day trading on Thursday . The stock traded as low as GBX 169 ($2.18) and last traded at GBX 188 ($2.42). Approximately 4,929,258 shares were traded during mid-day trading, an increase of 648% from the average daily volume of 658,925 shares. The stock had previously closed at GBX 224.50 ($2.89).

Spire Healthcare Group Stock Performance

The firm’s fifty day moving average price is GBX 229.09 and its 200-day moving average price is GBX 230.72. The firm has a market cap of £754.90 million, a price-to-earnings ratio of 26.76, a PEG ratio of 1.06 and a beta of 0.96. The company has a current ratio of 0.70, a quick ratio of 0.74 and a debt-to-equity ratio of 62.25.

Spire Healthcare Group (LON:SPI) last released its quarterly earnings results on Thursday, March 6th. The company reported GBX 8.80 ($0.11) EPS for the quarter. Spire Healthcare Group had a net margin of 1.96% and a return on equity of 3.82%. Analysts expect that Spire Healthcare Group plc will post 15.6634747 earnings per share for the current year.

About Spire Healthcare Group

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.