IBEX (NASDAQ:IBEX) announced its quarterly earnings results on Monday. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.15, MarketWatch Earnings reports. IBEX had a positive return on equity of 33.09% and a negative net margin of 1.14%. During the same quarter in the prior year, the business posted $0.14 earnings per share.
Shares of IBEX stock opened at $17.85 on Wednesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.40 and a current ratio of 1.40. IBEX has a fifty-two week low of $9.27 and a fifty-two week high of $25.50. The stock has a 50 day simple moving average of $19.73 and a two-hundred day simple moving average of $20.86. The company has a market cap of $328.23 million and a P/E ratio of -46.97.
A hedge fund recently raised its stake in IBEX stock. Morgan Stanley increased its position in shares of IBEX Limited (NASDAQ:IBEX) by 288.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 28,863 shares of the company’s stock after purchasing an additional 21,430 shares during the quarter. Morgan Stanley owned approximately 0.16% of IBEX worth $635,000 as of its most recent SEC filing. 24.26% of the stock is currently owned by institutional investors and hedge funds.
IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company provides ibex Connect, a customer engagement solution comprises customer service, technical support, and other value-added outsourced back office services through voice, email, chat, SMS, social media and other communication applications; ibex Digital, a customer acquisition solution that offers search, social, and display advertising capabilities; and ibex CX, a customer experience solution, which provides a comprehensive suite of proprietary software tools to measure, monitor and manage its clients' customer experience.
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