IXICO (LON:IXI) Share Price Crosses Below 200 Day Moving Average – Here’s Why

Shares of IXICO plc (LON:IXI) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 11.30 and traded as low as GBX 7.55. IXICO shares last traded at GBX 7.55, with a volume of 55,392 shares changing hands.

IXICO Stock Down 1.0%

The company’s 50 day moving average price is GBX 10.49 and its two-hundred day moving average price is GBX 11.30. The company has a current ratio of 2.85, a quick ratio of 4.90 and a debt-to-equity ratio of 3.32. The firm has a market cap of £7.00 million, a PE ratio of -4.08, a PEG ratio of -0.38 and a beta of 0.86.

IXICO (LON:IXI) last posted its quarterly earnings data on Tuesday, December 9th. The company reported GBX (1.85) EPS for the quarter. IXICO had a negative return on equity of 19.14% and a negative net margin of 31.10%. On average, equities research analysts expect that IXICO plc will post -289.3584879 EPS for the current fiscal year.

About IXICO

IXICO is a global leader in neuroscience imaging and biomarker analytics, using its proprietary AI-driven platform to help advance the treatment of neurological disorders and reduce the uncertainties associated with drug discovery, development and monitoring.

By unlocking valuable insights into drug safety and efficacy, IXICO has built a global reputation and 20-year track record as an end-to-end Imaging Contract Research Organisation (iCRO) managing and analysing neurological clinical trials.