Inspired (LON:INSE) Shares Cross Below 200 Day Moving Average – Here’s Why

Inspired Plc (LON:INSE) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 52.52 ($0.65) and traded as low as GBX 47.88 ($0.59). Inspired shares last traded at GBX 48.07 ($0.59), with a volume of 260,200 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Inspired in a report on Tuesday, January 14th.

Inspired Stock Up 0.1 %

The business has a 50 day moving average of GBX 40.99 and a 200-day moving average of GBX 52.52. The stock has a market cap of £50.60 million, a PE ratio of 4,806.60 and a beta of 0.53. The company has a current ratio of 2.14, a quick ratio of 1.59 and a debt-to-equity ratio of 101.57.

Inspired Company Profile

Inspired PLC is a leading B2B technology enabled service provider delivering solutions that enable corporate businesses to transition to net-zero carbon and manage their response to climate change in the UK and Ireland.

Founded in 2000, Inspired operates four divisions: Assurance Services, Optimisation Services, ESG Services and Software Services, providing expert energy advisory and sustainability services to over 3,500 businesses who typically spend more than £100,000 on energy and water per year.