Inspiration Healthcare Group (LSE:IHC) has appointed Cavendish Capital Markets Limited as joint broker with immediate effect. Cavendish will work alongside the company’s existing nominated adviser and corporate broker, Panmure Liberum, in a move aimed at enhancing capital markets support and broadening investor engagement.
The board said the appointment is intended to support the group as it continues to develop its position in the global neonatal intensive care and medical technology markets, improving access to market expertise and strengthening its profile with investors as it executes its growth strategy.
From an investment perspective, the overall outlook remains constrained by weak financial performance, including widening losses, reduced equity, higher leverage and ongoing negative cash flows. Market sentiment is further weighed down by bearish technical indicators, with the share price trading below key moving averages and a negative MACD signal. Valuation offers limited support at this stage given the company’s loss-making status and the absence of a dividend.
More about Inspiration Healthcare
Inspiration Healthcare Group is a UK-based global medical technology group specialising in neonatal intensive care equipment. The company designs, manufactures and markets products aimed at improving outcomes for newborns, including extremely premature babies. Its portfolio spans advanced capital equipment such as life-support ventilators, single-use disposables and distributed products for neonatal care and infusion therapy, sold directly in the UK and Ireland and through distribution partners in more than 75 countries from facilities in Croydon, South London and Melbourne, Florida.
Leave a Reply