Ideagen (IDEA) Trading 9.9% Higher
Shares of Ideagen PLC (LON:IDEA) traded up 9.9% on Friday . The stock traded as high as GBX 164.83 ($2.15) and last traded at GBX 162.60 ($2.12). 256,163 shares were traded during mid-day trading, an increase of 175% from the average session volume of 93,247 shares. The stock had previously closed at GBX 148 ($1.93).
Separately, FinnCap upped their price objective on Ideagen from GBX 140 ($1.82) to GBX 167 ($2.18) and gave the company a “corporate” rating in a report on Wednesday, September 5th.
The company also recently disclosed a dividend, which will be paid on Wednesday, November 21st. Stockholders of record on Thursday, November 1st will be issued a GBX 0.16 ($0.00) dividend. This is a positive change from Ideagen’s previous dividend of $0.08. The ex-dividend date of this dividend is Thursday, November 1st. This represents a dividend yield of 0.13%.
Ideagen plc develops and supplies information management software in the United Kingdom, the United States, Bulgaria, Malaysia, and the Middle East. The company's governance, risk and compliance (GRC) management solutions comprise Q-Pulse, an electronic quality management system; Pentana Audit, an audit automation application; Pentana Disclose, a financial disclosure checklist software; Pentana Performance, a cloud-based performance and risk management software; Coruson, an enterprise cloud software for control, visibility, and real time reporting; and PleaseReview, a document review, co-authoring, and redaction software.
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