Integrated Diagnostics (LON:IDHC) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Shares of Integrated Diagnostics Holdings plc (LON:IDHC) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 0.68 and traded as low as GBX 0.62. Integrated Diagnostics shares last traded at GBX 0.62, with a volume of 237,970 shares changing hands.

Integrated Diagnostics Stock Down 4.3%

The company has a debt-to-equity ratio of 45.72, a current ratio of 1.59 and a quick ratio of 0.75. The company has a market capitalization of £3.49 million, a PE ratio of 0.00, a P/E/G ratio of 7.65 and a beta of 0.59. The business’s 50 day simple moving average is GBX 0.68 and its 200 day simple moving average is GBX 0.54.

Integrated Diagnostics Company Profile

IDH is a leading diagnostics services provider in the Middle East and Africa offering a broad range of clinical pathology and
radiology tests to patients in Egypt, Jordan, Nigeria, Saudi Arabia, and Sudan. The Group’s core brands include Al Borg, Al Borg
Scan and Al Mokhtabar in Egypt, as well as Biolab (Jordan), Echo-Lab (Nigeria), Ultralab and Al Mokhtabar Sudan (both in Sudan),
and Biolab KSA (Saudi Arabia). With over 40 years of experience, a long track record for quality and safety has earned the Company
a trusted reputation, as well as internationally recognised accreditations for its portfolio of over 3,000 diagnostics tests.