Ingenta (LON:ING) Hits New 52-Week High – Here’s Why

Ingenta plc (LON:ING) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 115 and last traded at GBX 112.80, with a volume of 79627 shares changing hands. The stock had previously closed at GBX 112.85.

Ingenta Stock Performance

The business has a 50 day moving average price of GBX 94.57 and a 200-day moving average price of GBX 77.62. The company has a market capitalization of £16.37 million, a price-to-earnings ratio of 8.93 and a beta of 0.16.

Ingenta Company Profile

Ingenta provides mission critical software designed to solve the unique problems faced by information and content providers. We tailor our suite of industry-specific technology products to create robust solutions to digitally distribute content and to manage our customers IP and content requirements.

We support a full spectrum of clients ranging between global publishing giants and academic and trade publications, right through to prestigious NGO’s and established music record labels and multimedia companies.