Image Scan (LON:IGE) Trading Down 14.1% – What’s Next?

Image Scan Holdings Plc (LON:IGE) fell 14.1% during trading on Thursday . The company traded as low as GBX 1.06 ($0.01) and last traded at GBX 1.25 ($0.02). 95,001 shares changed hands during trading, a decline of 60% from the average session volume of 239,846 shares. The stock had previously closed at GBX 1.45 ($0.02).

Image Scan Stock Down 5.9%

The company has a current ratio of 2.54, a quick ratio of 1.57 and a debt-to-equity ratio of 9.06. The firm has a market cap of £1.87 million, a PE ratio of -163.34 and a beta of 0.69. The business’s 50-day simple moving average is GBX 1.44 and its 200 day simple moving average is GBX 1.82.

Image Scan (LON:IGE) last posted its earnings results on Tuesday, May 20th. The company reported GBX (0.30) EPS for the quarter. Image Scan had a negative net margin of 0.43% and a negative return on equity of 0.71%. As a group, equities research analysts expect 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.