Peel Hunt reissued their buy rating on shares of Inspired Energy (LON:INSE) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports.
A number of other research firms have also issued reports on INSE. Peel Hunt restated a buy rating and issued a GBX 25 ($0.31) target price on shares of Inspired Energy in a report on Tuesday, June 2nd. Shore Capital reiterated a house stock rating on shares of Inspired Energy in a report on Tuesday, June 2nd.
Shares of LON:INSE opened at GBX 17.50 ($0.22) on Tuesday. Inspired Energy has a one year low of GBX 8.58 ($0.11) and a one year high of GBX 21.05 ($0.26). The stock has a fifty day moving average of GBX 15.84 and a 200-day moving average of GBX 16.83. The company has a market capitalization of $125.84 million and a PE ratio of 35.00. The company has a debt-to-equity ratio of 84.95, a quick ratio of 1.76 and a current ratio of 1.88.
In related news, insider Richard Logan bought 115,000 shares of Inspired Energy stock in a transaction that occurred on Tuesday, June 2nd. The stock was acquired at an average price of GBX 1,690 ($20.80) per share, for a total transaction of £1,943,500 ($2,391,705.64).
About Inspired Energy
Inspired Energy PLC, together with its subsidiaries, provides energy advisory and procurement consultancy services to corporate and SME energy users in the United Kingdom. It offers energy procurement, market analysis, bureau, historical audit, energy management, renewable energy project, public sector procurement, water deregulation, and site operation services, as well as ESOS, a technology-driven solution.
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