Induction Healthcare Group (LON:INHC) Reaches New 12-Month Low at $11.00

Induction Healthcare Group PLC (LON:INHC) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 11 ($0.14) and last traded at GBX 11.13 ($0.14), with a volume of 5275 shares traded. The stock had previously closed at GBX 12.50 ($0.15).

Induction Healthcare Group Price Performance

The company has a market capitalization of £11.09 million, a PE ratio of -80.00 and a beta of -0.41. The business’s 50-day simple moving average is GBX 14.86 and its 200-day simple moving average is GBX 19.89. The company has a current ratio of 1.28, a quick ratio of 1.10 and a debt-to-equity ratio of 0.53.

About Induction Healthcare Group

Induction Healthcare Group PLC provides software to healthcare professionals in the United Kingdom, Europe, the United States, and internationally. It offers Induction Switch, hospital staff directory app that enables users to source, communicate, and share information with other healthcare professionals, as well as allows them to bypass legacy hospital switchboards; Induction Zesty, a digital patient engagement platform that ensures automated process for patients to manage their hospital appointments, view their letters and clinical records, as well as provides data remotely via digital questionnaires; Induction Guidance, a platform to create, edit, and publish their own local medical guidance and policies; and Induction Attend Anywhere, which offers video consultations to patients and service users to help hospitals, health systems, and other customers.