Ingenta (LON:ING) Shares Climb 5.3% – Time to Buy?

Shares of Ingenta plc (LON:ING – Get Free Report) rose 5.3% during trading on Wednesday. The stock traded as high as GBX 70 and last traded at GBX 70. Approximately 31,100 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 66,930 shares. The stock had previously closed at GBX 66.50.

Ingenta Price Performance

The company has a fifty day simple moving average of GBX 69.33 and a two-hundred day simple moving average of GBX 80.99. The company has a market capitalization of £10.25 million, a P/E ratio of 7.98 and a beta of 0.72.

Ingenta (LON:ING – Get Free Report) last released its quarterly earnings results on Wednesday, September 23rd. The company reported GBX 5 earnings per share (EPS) for the quarter. Ingenta had a return on equity of 16.63% and a net margin of 11.99%. Equities analysts anticipate that Ingenta plc will post 9.62 earnings per share for the current year.

About Ingenta

(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.