Ebix Inc. (NASDAQ:EBIX)’s share price reached a new 52-week high on Thursday . The stock traded as high as $57.21 and last traded at $56.83, with a volume of 90,251 shares trading hands. The stock had previously closed at $56.18.

Several equities analysts have recently weighed in on the company. Zacks Investment Research cut Ebix from a “buy” rating to a “hold” rating in a report on Monday, July 11th. Tigress Financial upgraded Ebix from an “underperform” rating to a “neutral” rating in a report on Thursday, May 19th.

The company’s 50 day moving average is $53.14 and its 200-day moving average is $45.03. The stock has a market cap of $1.84 billion and a PE ratio of 21.82.

Ebix (NASDAQ:EBIX) last issued its earnings results on Monday, August 8th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.07. The firm earned $72.60 million during the quarter, compared to analyst estimates of $71.20 million. Ebix’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.54 EPS. On average, equities analysts expect that Ebix Inc. will post $2.70 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Thursday, September 1st will be issued a $0.075 dividend. The ex-dividend date is Tuesday, August 30th. This represents a $0.30 dividend on an annualized basis and a yield of 0.53%.

In other Ebix news, Director Hans Ueli Keller sold 3,684 shares of the company’s stock in a transaction dated Tuesday, May 31st. The stock was sold at an average price of $45.49, for a total value of $167,585.16. Following the completion of the transaction, the director now owns 69,753 shares of the company’s stock, valued at approximately $3,173,063.97. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Robert F. Kerris sold 1,211 shares of the company’s stock in a transaction dated Tuesday, June 21st. The stock was sold at an average price of $47.73, for a total value of $57,801.03. Following the completion of the transaction, the chief financial officer now directly owns 4,671 shares of the company’s stock, valued at approximately $222,946.83. The disclosure for this sale can be found here.

Ebix, Inc (Ebix) is a supplier of software and e-commerce solutions to the insurance industry. Ebix provides application software products for the insurance industry, including carrier systems, agency systems and exchanges, as well as custom software development. Ebix conducts its operations through four channels, which include Exchanges, Carrier Systems, Broker Systems and Risk Compliance Solutions (RCS).

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