Inspired (LON:INSE) Trading Up 14% – Still a Buy?

Inspired Plc (LON:INSE) rose 14% during trading on Wednesday . The company traded as high as GBX 65 ($0.81) and last traded at GBX 65 ($0.81). Approximately 218,105 shares changed hands during trading, a decline of 74% from the average daily volume of 843,075 shares. The stock had previously closed at GBX 57 ($0.71).

Wall Street Analysts Forecast Growth

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

Inspired Price Performance

The company has a debt-to-equity ratio of 101.57, a quick ratio of 1.59 and a current ratio of 2.14. The firm’s fifty day moving average is GBX 42.41 and its two-hundred day moving average is GBX 51.82. The company has a market cap of £67.90 million, a P/E ratio of 6,450.00 and a beta of 0.53.

About Inspired

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.