Image Scan (LON:IGE) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Image Scan Holdings Plc (LON:IGE) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 2.77 ($0.03) and traded as high as GBX 2.95 ($0.04). Image Scan shares last traded at GBX 2.90 ($0.04), with a volume of 337,347 shares changing hands.

Image Scan Stock Performance

The business’s fifty day moving average is GBX 2.77 and its two-hundred day moving average is GBX 2.55. The company has a quick ratio of 1.57, a current ratio of 2.35 and a debt-to-equity ratio of 7.97. The stock has a market capitalization of £3.97 million, a PE ratio of 14.00 and a beta of 0.69.

Image Scan (LON:IGE) last posted its earnings results on Tuesday, December 3rd. The company reported GBX 0.15 ($0.00) earnings per share for the quarter. Image Scan had a negative net margin of 0.43% and a negative return on equity of 0.79%. As a group, research analysts anticipate that Image Scan Holdings Plc will post 0.1297899 EPS for the current fiscal 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.