Ingenta (LON:ING) Shares Down 2.7% – Should You Sell?

Ingenta plc (LON:ING) was down 2.7% during mid-day trading on Wednesday . The company traded as low as GBX 61.20 and last traded at GBX 62.75. Approximately 20,660 shares were traded during mid-day trading, a decline of 72% from the average session volume of 73,025 shares. The stock had previously closed at GBX 64.50.

Ingenta Stock Up 3.3%

The firm has a market capitalization of £9.00 million, a P/E ratio of 5.17 and a beta of 0.71. The firm has a 50 day moving average of GBX 82.05 and a 200-day moving average of GBX 97.24.

Ingenta (LON:ING) last announced its quarterly earnings data on Monday, April 27th. The company reported GBX 10.19 earnings per share (EPS) for the quarter. The firm had revenue of GBX 1,027 million for the quarter. Ingenta had a net margin of 16.94% and a return on equity of 24.87%. As a group, research analysts expect that Ingenta plc will post 9.620462 EPS for the current year.

About Ingenta

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.