Image Scan (LON:IGE) Share Price Passes Above 50 Day Moving Average – Here’s Why

Image Scan Holdings Plc (LON:IGEGet Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 2.25 and traded as high as GBX 2.70. Image Scan shares last traded at GBX 2.57, with a volume of 218,225 shares trading hands.

Image Scan Stock Performance

The firm’s 50 day moving average price is GBX 2.28 and its 200-day moving average price is GBX 1.85. The firm has a market cap of £3.68 million, a price-to-earnings ratio of 17.93 and a beta of 0.22. The company has a debt-to-equity ratio of 1.53, a current ratio of 2.35 and a quick ratio of 1.56.

About Image Scan

(Get Free Report)

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.

See Also

Receive News & Ratings for Image Scan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Image Scan and related companies with MarketBeat.com's FREE daily email newsletter.