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

Image Scan Holdings Plc (LON:IGE)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1.73 and traded as high as GBX 2.10. Image Scan shares last traded at GBX 2.10, with a volume of 215,241 shares trading hands.

Image Scan Stock Up 5.0%

The firm’s 50 day moving average price is GBX 1.73 and its two-hundred day moving average price is GBX 1.75. The company has a market cap of £2.87 million, a P/E ratio of 14.00 and a beta of 0.69. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.57 and a current ratio of 2.35.

Image Scan (LON:IGE) last posted its quarterly earnings results on Thursday, April 30th. The company reported GBX 0.06 earnings per share (EPS) for the quarter. Image Scan had a net margin of 8.07% and a return on equity of 14.23%. The business had revenue of GBX 132 million during the quarter. Equities research analysts anticipate that Image Scan Holdings Plc will post 0.1297899 EPS for the current fiscal year.

Image Scan Company Profile

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.