Elixirr International (LON:ELIX) Stock Jumps 2% – Here’s Why

Elixirr International plc (LON:ELIX) was up 2% during mid-day trading on Wednesday. The stock traded as high as GBX 516 and last traded at GBX 508. Approximately 142,930 shares were traded during trading, an increase of 22% from the average daily volume of 116,718 shares. The stock had previously closed at GBX 498.

Analyst Upgrades and Downgrades

ELIX has been the topic of a number of recent research reports. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,275 price objective on shares of Elixirr International in a research report on Monday, September 21st. Berenberg Bank reissued a “buy” rating and set a GBX 1,060 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 MarketBeat, Elixirr International presently has an average rating of “Buy” and a consensus price target of GBX 1,167.50.

Elixirr International Stock Performance

The firm has a fifty day moving average price of GBX 535.12 and a 200 day moving average price of GBX 650.92. The company has a debt-to-equity ratio of 41.61, a quick ratio of 1.29 and a current ratio of 0.80. The stock has a market cap of £252.19 million, a PE ratio of 13.01 and a beta of 0.65.

Elixirr International (LON:ELIX) last announced its earnings results on Monday, September 21st. The company reported GBX 37.50 earnings per share for the quarter. Elixirr International had a return on equity of 14.24% and a net margin of 12.58%. Research analysts forecast 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.