Image Scan (LON:IGE) Shares Up 16.5% – Should You Buy?

Image Scan Holdings Plc (LON:IGEGet Free Report) shares were up 16.5% during trading on Monday . The company traded as high as GBX 2.60 and last traded at GBX 2.56. 1,316,789 shares were traded during mid-day trading, an increase of 568% from the average daily volume of 197,154 shares. The stock had previously closed at GBX 2.20.

Image Scan Stock Up 5.7%

The firm has a 50-day moving average price of GBX 2.08 and a two-hundred day moving average price of GBX 1.79. The firm has a market cap of £3.83 million, a price-to-earnings ratio of 18.67 and a beta of 0.22. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.56 and a current ratio of 2.35.

Image Scan Company Profile

(Get Free Report)

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.

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