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Inspiration Healthcare ( (GB:IHC) ) has shared an update.
Inspiration Healthcare’s US subsidiary, Airon Corporation, has signed a three-year purchasing agreement with a major US healthcare provider, securing an initial order for 150 of its Model A and Neo ventilators and related accessories. The deal marks a significant expansion of Airon’s installed base in the US and creates a new long-term, high-quality revenue stream, including recurring consumables and service income, directly underpinning Inspiration Healthcare’s strategy to double Airon’s revenue within five years and strengthening the group’s ambitions and competitive positioning in the US market.
The most recent analyst rating on (GB:IHC) stock is a Sell with a £11.00 price target. To see the full list of analyst forecasts on Inspiration Healthcare stock, see the GB:IHC Stock Forecast page.
Spark’s Take on GB:IHC Stock
According to Spark, TipRanks’ AI Analyst, GB:IHC is a Neutral.
The score is driven primarily by weak financial performance (worsening losses, reduced equity, higher leverage, and negative cash flows), reinforced by bearish technicals (price below all key moving averages and negative MACD). Valuation offers limited support because the company is loss-making (negative P/E) and no dividend yield is available.
To see Spark’s full report on GB:IHC stock, click here.
More about Inspiration Healthcare
Inspiration Healthcare Group plc is a UK-based global medical technology company specialising in neonatal intensive care devices designed to support premature and critically ill babies from their first breaths. The group designs, manufactures and markets its own capital equipment such as life-support ventilators and single-use disposables, and also distributes complementary advanced medical technologies, including infusion therapy products in the UK and Ireland, while serving over 75 countries through an international distributor network and operating facilities in Croydon, South London, and Melbourne, Florida.
Average Trading Volume: 116,966
Technical Sentiment Signal: Strong Sell
Current Market Cap: £11.88M
See more data about IHC stock on TipRanks’ Stock Analysis page.