Image Scan (LON:IGE) Stock Price Down 9.3% – Should You Sell?

Image Scan Holdings Plc (LON:IGE) shares traded down 9.3% on Wednesday . The stock traded as low as GBX 1.90 and last traded at GBX 1.90. 100,008 shares were traded during trading, a decline of 58% from the average session volume of 236,621 shares. The stock had previously closed at GBX 2.10.

Image Scan Price Performance

The company has a debt-to-equity ratio of 9.06, a current ratio of 2.54 and a quick ratio of 1.57. The business’s fifty day moving average price is GBX 1.68 and its 200-day moving average price is GBX 1.51. The stock has a market capitalization of £2.63 million, a price-to-earnings ratio of -9.14 and a beta of 0.69.

Image Scan (LON:IGE) last announced its quarterly earnings results on Tuesday, December 2nd. The company reported GBX (0.21) earnings per share for the quarter. Image Scan had a negative net margin of 0.43% and a negative return on equity of 0.71%. On average, research analysts forecast that Image Scan Holdings Plc will post 0.1297899 EPS for the current year.

Image Scan Company Profile

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.