Elixirr International (LON:ELIX) Shares Down 2.3% – Time to Sell?

Elixirr International plc (LON:ELIX) was down 2.3% on Wednesday. The stock traded as low as GBX 506 and last traded at GBX 506. Approximately 198,139 shares traded hands during trading, an increase of 67% from the average session volume of 118,351 shares. The stock had previously closed at GBX 518.

Analyst Ratings Changes

A number of analysts have recently weighed in on ELIX shares. Berenberg Bank restated a “buy” rating and issued a GBX 1,060 price objective on shares of Elixirr International in a research note on Monday, September 21st. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,275 price target on shares of Elixirr International in a research report on Monday, September 21st. Two analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 1,167.50.

Elixirr International Price Performance

The stock has a market cap of £254.20 million, a price-to-earnings ratio of 13.12 and a beta of 0.65. The company’s 50-day moving average is GBX 582.04 and its 200-day moving average is GBX 652.20. The company has a quick ratio of 1.29, a current ratio of 0.80 and a debt-to-equity ratio of 41.61.

Elixirr International (LON:ELIX) last announced its quarterly earnings results on Monday, September 21st. The company reported GBX 37.50 EPS for the quarter. Elixirr International had a return on equity of 14.24% and a net margin of 12.58%. Equities research analysts expect that Elixirr International plc will post 44.52 earnings per share for the current fiscal year.

About Elixirr International

Elixirr is a global consulting firm with a bold ambition: to become the best consulting firm in the world.

Founded in 2009 to challenge a declining industry standard, we’ve grown from a single vision into a powerhouse of entrepreneurial talent. We partner with businesses around the world to deliver transformational results, from boardroom strategy through to execution, powered by the technology of tomorrow. We do this in a way that’s anything but traditional – helping our clients change the game in their industries, just as we are changing the game in ours.