Image Scan (LON:IGE) Trading Up 13.3% – Time to Buy?

Image Scan Holdings Plc (LON:IGE)’s stock price was up 13.3% during mid-day trading on Tuesday . The company traded as high as GBX 1.70 and last traded at GBX 1.70. Approximately 119,068 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 122,804 shares. The stock had previously closed at GBX 1.50.

Image Scan Stock Up 7.7%

The company has a debt-to-equity ratio of 6.56, a current ratio of 2.29 and a quick ratio of 1.57. The company has a market capitalization of £2.29 million, a price-to-earnings ratio of -7.95 and a beta of 0.69. The firm has a 50-day moving average price of GBX 1.54 and a two-hundred day moving average price of GBX 1.65.

Image Scan Company Profile

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.