Ingenta (LON:ING) Stock Price Down 24.1% – What’s Next?

Ingenta plc (LON:INGGet Free Report)’s share price was down 24.1% during trading on Thursday . The stock traded as low as GBX 62 and last traded at GBX 66. 666,773 shares were traded during mid-day trading, an increase of 854% from the average daily volume of 69,865 shares. The stock had previously closed at GBX 87.

Ingenta Stock Down 2.1%

The stock has a 50-day simple moving average of GBX 97.36 and a 200-day simple moving average of GBX 100.60. The firm has a market capitalization of £8.95 million, a PE ratio of 5.14 and a beta of 0.70.

Ingenta (LON:INGGet Free Report) last issued its earnings results on Monday, April 27th. The company reported GBX 10.19 earnings per share (EPS) for the quarter. Ingenta had a return on equity of 24.87% and a net margin of 16.94%.The firm had revenue of GBX 1,027 million for the quarter. Equities analysts forecast that Ingenta plc will post 9.620462 earnings per share for the current fiscal year.

Ingenta Company Profile

(Get Free Report)

Ingenta provides mission critical software designed to solve the unique problems faced by information and content providers. We tailor our suite of industry-specific technology products to create robust solutions to digitally distribute content and to manage our customers IP and content requirements.

We support a full spectrum of clients ranging between global publishing giants and academic and trade publications, right through to prestigious NGO’s and established music record labels and multimedia companies.

Read More

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