Induction Healthcare Group PLC (LON:INHC) saw a significant drop in its stock price, with a 20.9% decrease during Thursday’s trading session. The stock reached a low of GBX 9.10 ($0.12) and closed at the same price. Trading volume was much higher than usual, with approximately 359,339 shares exchanged.
The company currently has a market cap of £9.24 million, a P/E ratio of -66.67, and a beta of -0.38. Induction Healthcare Group’s debt-to-equity ratio is 0.53, with a quick ratio of 1.10 and a current ratio of 1.28. The stock’s 50-day moving average is GBX 12.30, while the 200-day moving average is GBX 15.03.
Induction Healthcare Group PLC provides software solutions to healthcare professionals globally. Its offerings include Induction Switch, a hospital staff directory app, Induction Zesty for patient engagement, Induction Guidance for medical guidance creation, and Induction Attend Anywhere for video consultations.
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