IXICO (LON:IXI) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Shares of IXICO plc (LON:IXI) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 7.54 and traded as high as GBX 8.85. IXICO shares last traded at GBX 8.31, with a volume of 33,299 shares changing hands.

IXICO Trading Down 4.0%

The firm has a market cap of £18.10 million, a PE ratio of -4.49, a PEG ratio of -0.38 and a beta of 0.07. The business has a 50-day moving average price of GBX 7.54 and a two-hundred day moving average price of GBX 9.28. The company has a debt-to-equity ratio of 5.22, a current ratio of 2.83 and a quick ratio of 4.90.

IXICO (LON:IXI) last announced its quarterly earnings results on Tuesday, May 19th. The company reported GBX (1.21) earnings per share for the quarter. IXICO had a negative net margin of 24.98% and a negative return on equity of 16.18%. The firm had revenue of GBX 395 million during the quarter. Analysts forecast that IXICO plc will post -289.3584879 EPS for the current year.

About IXICO

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.