Inspired (LON:INSE) Stock Crosses Below 200-Day Moving Average – Here’s Why

Inspired Plc (LON:INSE) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 55.59 ($0.70) and traded as low as GBX 41 ($0.51). Inspired shares last traded at GBX 42 ($0.53), with a volume of 36,197 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Inspired in a research note on Monday, December 2nd.

Inspired Price Performance

The company has a 50 day simple moving average of GBX 38.84 and a 200 day simple moving average of GBX 55.59. The company has a market capitalization of £44.21 million, a price-to-earnings ratio of 4,200.00 and a beta of 0.53. The company has a quick ratio of 1.59, a current ratio of 2.14 and a debt-to-equity ratio of 101.57.

Inspired Company Profile

Inspired Plc provides energy consultancy services to corporate business energy users in the United Kingdom and Ireland. Its Assurance Division reviews, analyzes, and negotiates gas and electricity contracts. The company's Optimisation Division focuses on client's energy consumption optimization services include forensic audits, energy projects, and water solutions.