IXICO (LON:IXI) Stock Jumps 16.7% – Here’s What Happened

IXICO plc (LON:IXI – Get Free Report)’s share price shot up 16.7% during trading on Monday. The company traded as high as GBX 15 and last traded at GBX 14. Approximately 2,359,474 shares traded hands during trading, an increase of 1,836% from the average daily volume of 121,868 shares. The stock had previously closed at GBX 12.

IXICO Trading Up 16.7%

The business’s 50-day moving average price is GBX 8.21 and its 200 day moving average price is GBX 8.28. The company has a market cap of £30.66 million, a P/E ratio of -7.18, a P/E/G ratio of -0.38 and a beta of 0.11. The company has a debt-to-equity ratio of 5.22, a quick ratio of 4.90 and a current ratio of 2.83.

IXICO Company Profile

(Get Free Report)

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.

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