IDOX (LON:IDOX) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

IDOX plc (LON:IDOX)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 70.56 and traded as high as GBX 79.40. IDOX shares last traded at GBX 78.40, with a volume of 17,106 shares traded.

IDOX Stock Performance

The company has a debt-to-equity ratio of 29.39, a quick ratio of 1.00 and a current ratio of 0.84. The firm has a market cap of £368.55 million, a P/E ratio of 58.51, a P/E/G ratio of 3.15 and a beta of 0.29. The business’s 50-day simple moving average is GBX 71.44 and its 200 day simple moving average is GBX 70.56.

Insiders Place Their Bets

In other IDOX news, insider David Meaden sold 3,290,842 shares of IDOX stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of GBX 71, for a total value of £2,336,497.82. Also, insider Christopher M. R. Stone sold 1,521,877 shares of IDOX stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of GBX 71, for a total transaction of £1,080,532.67. Insiders have sold a total of 8,551,650 shares of company stock worth $607,167,150 in the last 90 days. Insiders own 9.46% of the company’s stock.

IDOX Company Profile

IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through three segments: Land, Property & Public Protection; Communities; and Assets. It provides specialist software and information management solutions for government, health, engineering, transport, and property fields; engineering document management and control solutions to asset intensive industry sectors; and delivers software solutions.