Induction Healthcare Group (LON:INHC) Shares Down 3.5%

Induction Healthcare Group PLC (LON:INHCGet Rating) dropped 3.5% during trading on Tuesday . The stock traded as low as GBX 20.75 ($0.26) and last traded at GBX 20.75 ($0.26). Approximately 444 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 27,799 shares. The stock had previously closed at GBX 21.50 ($0.27).

Induction Healthcare Group Trading Down 3.5 %

The company’s 50 day moving average is GBX 21.56 and its 200-day moving average is GBX 26.98. The company has a market capitalization of £19.15 million, a P/E ratio of -259.38 and a beta of -0.21.

Insider Buying and Selling

In other news, insider Christopher Samler bought 266,667 shares of the firm’s stock in a transaction on Friday, January 13th. The shares were bought at an average price of GBX 22 ($0.27) per share, for a total transaction of £58,666.74 ($72,652.31). 51.81% of the stock is currently owned by insiders.

Induction Healthcare Group Company Profile

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Induction Healthcare Group PLC provides software to healthcare professionals in the United Kingdom, Europe, the United States, and internationally. The company offers Induction Switch that allows healthcare professionals to bypass the hospital's switchboard, helping them locate extensions, return bleeps quickly or send instant, and role-based messages in a secure environment; Induction Zesty, a software-as-a-service platform, which allows patients to book and access their appointments, read their clinical letters, store a copy of their clinical records, and provide data to their care teams remotely; and Induction Guidance, a platform to create, edit, and publish their own local guidance and policies.

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