Image Scan (LON:IGE) Trading 16.5% Higher – Should You Buy?

Image Scan Holdings Plc (LON:IGE)’s share price traded up 16.5% during mid-day trading on Monday . The company traded as high as GBX 2.60 and last traded at GBX 2.56. 1,316,789 shares traded hands during trading, an increase of 568% from the average daily volume of 197,154 shares. The stock had previously closed at GBX 2.20.

Image Scan Stock Up 16.5%

The company has a debt-to-equity ratio of 1.53, a current ratio of 2.35 and a quick ratio of 1.56. The company’s 50-day simple moving average is GBX 2.05 and its 200 day simple moving average is GBX 1.78. The firm has a market cap of £3.50 million, a P/E ratio of 17.07 and a beta of 0.22.

Image Scan (LON:IGE) last issued its quarterly earnings data on Thursday, April 30th. The company reported GBX 0.06 EPS 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 during the quarter. Research analysts anticipate that Image Scan Holdings Plc will post 0.1297899 EPS for the current fiscal 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.