Image Scan (LON:IGE) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Image Scan Holdings Plc (LON:IGE)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1.54 and traded as high as GBX 1.55. Image Scan shares last traded at GBX 1.40, with a volume of 818 shares changing hands.

Image Scan Stock Performance

The company has a debt-to-equity ratio of 6.56, a quick ratio of 1.57 and a current ratio of 2.29. The firm has a market cap of £1.92 million, a P/E ratio of -6.67 and a beta of 0.69. The business’s 50-day simple moving average is GBX 1.54 and its 200 day simple moving average is GBX 1.66.

About Image Scan

Image Scan Holdings Plc, through its subsidiary 3DX-Ray Limited, engages in the manufacture and sale of portable X-ray systems for security and counter-terrorism applications in the United Kingdom, Europe, the Middle East, Africa, Asia, Indian Subcontinent, and the Americas. Its security products include portable systems, such as ThreatScan-LS1, ThreatScan-LS3, ThreatScan-AS1(ISC), ThreatScan-LSC, and chemical detection products; mail and baggage screening products, including AXIS-CXi screening and conveyor systems; metal detection products, including AXIS archway and walk by metal detectors; and blast protection and EOD/IEDD equipment.