Image Scan (LON:IGE) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Image Scan Holdings Plc (LON:IGE) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1.96 and traded as high as GBX 2. Image Scan shares last traded at GBX 1.95, with a volume of 31,351 shares trading hands.

Image Scan Price Performance

The company has a debt-to-equity ratio of 9.06, a quick ratio of 1.57 and a current ratio of 2.54. The company has a market capitalization of £2.67 million, a PE ratio of -9.29 and a beta of 0.69. The company’s 50-day simple moving average is GBX 1.96 and its 200-day simple moving average is GBX 1.61.

Image Scan (LON:IGE) last released its quarterly earnings results on Tuesday, December 2nd. The company reported GBX (0.21) earnings per share (EPS) for the quarter. Image Scan had a negative return on equity of 0.71% and a negative net margin of 0.43%. As a group, sell-side analysts anticipate that Image Scan Holdings Plc will post 0.1297899 earnings per share for the current year.

About Image Scan

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.