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

Shares of Image Scan Holdings Plc (LON:IGE) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 1.58 and traded as high as GBX 1.75. Image Scan shares last traded at GBX 1.75, with a volume of 24,000 shares changing hands.

Image Scan Stock Performance

The company has a market cap of £2.39 million, a price-to-earnings ratio of 11.63 and a beta of 0.69. The company has a quick ratio of 1.57, a current ratio of 2.35 and a debt-to-equity ratio of 1.53. The company’s 50-day moving average is GBX 1.58 and its 200 day moving average is GBX 1.71.

Image Scan (LON:IGE) last released its quarterly earnings results on Thursday, April 30th. The company reported GBX 0.06 EPS for the quarter. The company had revenue of GBX 132 million for the quarter. Image Scan had a net margin of 8.07% and a return on equity of 14.23%. Research analysts predict that Image Scan Holdings Plc will post 0.1297899 EPS 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.