Image Scan (LON:IGE) Stock Price Up 31.4% – Time to Buy?

Image Scan Holdings Plc (LON:IGE) shot up 31.4% on Friday . The stock traded as high as GBX 2.60 and last traded at GBX 2.30. 4,671,597 shares were traded during trading, an increase of 2,378% from the average session volume of 188,540 shares. The stock had previously closed at GBX 1.75.

Image Scan Stock Performance

The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.57 and a current ratio of 2.35. The company has a market cap of £3.15 million, a price-to-earnings ratio of 15.33 and a beta of 0.69. The company has a fifty day moving average of GBX 1.66 and a two-hundred day moving average of GBX 1.74.

Image Scan (LON:IGE) last released its quarterly earnings data on Thursday, April 30th. The company reported GBX 0.06 earnings per share for the quarter. Image Scan had a return on equity of 14.23% and a net margin of 8.07%.The company had revenue of GBX 132 million for the quarter. Equities research analysts anticipate 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.