IXICO (LON:IXI) Shares Up 10.6% – Here’s Why

IXICO plc (LON:IXI)’s share price was up 10.6% during trading on Monday . The company traded as high as GBX 12.50 and last traded at GBX 11.94. Approximately 121,725 shares were traded during mid-day trading, an increase of 102% from the average daily volume of 60,393 shares. The stock had previously closed at GBX 10.80.

IXICO Stock Down 4.5%

The stock has a market cap of £9.73 million, a price-to-earnings ratio of -4.51, a PEG ratio of -0.38 and a beta of 0.86. The stock has a 50 day simple moving average of GBX 11.77 and a 200 day simple moving average of GBX 11.43. The company has a quick ratio of 4.90, a current ratio of 2.85 and a debt-to-equity ratio of 3.32.

IXICO Company Profile

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.