Ingenta (LON:ING) Stock Price Down 12.2% – Here’s What Happened

Shares of Ingenta plc (LON:ING – Get Free Report) dropped 12.2% on Wednesday . The company traded as low as GBX 70 and last traded at GBX 71.98. 267,958 shares changed hands during mid-day trading, an increase of 291% from the average session volume of 68,470 shares. The stock had previously closed at GBX 82.

Ingenta Stock Down 14.6%

The company has a 50-day moving average of GBX 67.59 and a 200-day moving average of GBX 84.54. The company has a market cap of £10.64 million, a PE ratio of 5.84 and a beta of 0.72.

Ingenta (LON:ING – Get Free Report) last issued its quarterly earnings data on Wednesday, September 23rd. The company reported GBX 5 earnings per share for the quarter. Ingenta had a return on equity of 24.87% and a net margin of 16.94%. As a group, equities analysts predict that Ingenta plc will post 9.620462 EPS for the current year.

Ingenta Company Profile

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Ingenta provides mission critical software designed to solve the unique problems faced by information and content providers. We tailor our suite of industry-specific technology products to create robust solutions to digitally distribute content and to manage our customers IP and content requirements.

We support a full spectrum of clients ranging between global publishing giants and academic and trade publications, right through to prestigious NGO’s and established music record labels and multimedia companies.

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