Induction Healthcare Group (LON:INHC) Trading Down 7.1% – Here’s What Happened

Shares of Induction Healthcare Group PLC (LON:INHCGet Free Report) traded down 7.1% during trading on Thursday . The company traded as low as GBX 7.75 ($0.10) and last traded at GBX 7.90 ($0.10). 39,542 shares were traded during mid-day trading, a decline of 86% from the average session volume of 276,793 shares. The stock had previously closed at GBX 8.50 ($0.11).

Induction Healthcare Group Stock Performance

The stock’s fifty day moving average is GBX 8.56 and its two-hundred day moving average is GBX 8.61. The firm has a market capitalization of £7.75 million, a price-to-earnings ratio of -1.52 and a beta of -0.41. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.44.

Induction Healthcare Group Company Profile

(Get Free Report)

Induction (AIM: INHC) Induction delivers a suite of software solutions that transforms care delivery and the patient journey through hospital. Our system-wide applications help healthcare providers and administrators to deliver care at any stage remotely as well as face-to-face – giving the communities they serve greater flexibility, control and ease of access.

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