Image Scan (LON:IGE) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Image Scan Holdings Plc (LON:IGE) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 1.58 and traded as high as GBX 1.75. Image Scan shares last traded at GBX 1.75, with a volume of 24,000 shares traded.

Image Scan Stock Up 11.8%

The company has a debt-to-equity ratio of 1.53, a current ratio of 2.35 and a quick ratio of 1.57. The firm has a market capitalization of £2.60 million, a P/E ratio of 12.67 and a beta of 0.69. The company’s 50-day simple moving average is GBX 1.60 and its two-hundred day simple moving average is GBX 1.72.

Image Scan (LON:IGE) last released its quarterly earnings results on Thursday, April 30th. The company reported GBX 0.06 earnings per share for the quarter. Image Scan had a net margin of 8.07% and a return on equity of 14.23%. The business had revenue of GBX 132 million for the quarter. As a group, research analysts expect that Image Scan Holdings Plc will post 0.1297899 earnings per share 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.