IDOX (LON:IDOX) Stock Price Passes Below Two Hundred Day Moving Average of $63.88

Shares of IDOX plc (LON:IDOX) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 63.88 ($0.79) and traded as low as GBX 61.20 ($0.76). IDOX shares last traded at GBX 62 ($0.77), with a volume of 575,521 shares trading hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 80 ($0.99) price target on shares of IDOX in a research report on Tuesday, March 12th.

IDOX Trading Up 3.2 %

The company has a current ratio of 0.95, a quick ratio of 1.00 and a debt-to-equity ratio of 41.86. The firm has a market cap of £293.95 million, a PE ratio of 6,400.00, a P/E/G ratio of 3.15 and a beta of 0.39. The company’s 50-day moving average is GBX 62.65 and its 200 day moving average is GBX 63.89.

IDOX Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 12th. Stockholders of record on Thursday, March 28th were paid a dividend of GBX 0.60 ($0.01) per share. This is a positive change from IDOX’s previous dividend of $0.50. The ex-dividend date of this dividend was Thursday, March 28th. This represents a dividend yield of 0.91%. IDOX’s dividend payout ratio is 10,000.00%.

Insider Transactions at IDOX

In other news, insider David Meaden sold 294,000 shares of the stock in a transaction on Thursday, March 7th. The shares were sold at an average price of GBX 63 ($0.78), for a total transaction of £185,220 ($228,779.64). 5.89% of the stock is currently owned by company insiders.

IDOX Company Profile

IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through three segments: Land, Property & Public Protection; Communities; and Assets.