Image Scan (LON:IGE) Trading 13.1% Higher – Here’s Why

Image Scan Holdings Plc (LON:IGE) was up 13.1% during mid-day trading on Wednesday . The company traded as high as GBX 1.70 and last traded at GBX 1.70. Approximately 114,330 shares were traded during trading, a decline of 7% from the average daily volume of 123,354 shares. The stock had previously closed at GBX 1.50.

Image Scan Price Performance

The stock has a market cap of £2.05 million, a PE ratio of -7.14 and a beta of 0.69. The company has a debt-to-equity ratio of 6.56, a current ratio of 2.29 and a quick ratio of 1.57. The business has a fifty day moving average of GBX 1.70 and a 200 day moving average of GBX 1.65.

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.