IXICO (LON:IXI) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

IXICO plc (LON:IXI)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 11.33 and traded as high as GBX 11.64. IXICO shares last traded at GBX 11.64, with a volume of 10,050 shares traded.

IXICO Trading Down 1.0%

The company has a market cap of £10.78 million, a price-to-earnings ratio of -4.99, a PEG ratio of -0.38 and a beta of 0.86. The company has a debt-to-equity ratio of 3.32, a current ratio of 2.85 and a quick ratio of 4.90. The business’s 50-day simple moving average is GBX 11.31 and its 200-day simple moving average is GBX 11.57.

IXICO (LON:IXI) last issued its quarterly earnings data on Tuesday, December 9th. The company reported GBX (1.85) earnings per share for the quarter. IXICO had a negative return on equity of 19.14% and a negative net margin of 31.10%. Research analysts predict that IXICO plc will post -289.3584879 earnings per share for the current fiscal year.

IXICO Company Profile

IXICO is a global leader in neuroscience imaging and biomarker analytics, using its proprietary AI-driven platform to help advance the treatment of neurological disorders and reduce the uncertainties associated with drug discovery, development and monitoring.

By unlocking valuable insights into drug safety and efficacy, IXICO has built a global reputation and 20-year track record as an end-to-end Imaging Contract Research Organisation (iCRO) managing and analysing neurological clinical trials.