IXICO (LON:IXI) Shares Cross Below 200-Day Moving Average – What’s Next?

IXICO plc (LON:IXI) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 11.30 and traded as low as GBX 11.24. IXICO shares last traded at GBX 11.24, with a volume of 8,471 shares changing hands.

IXICO Trading Down 3.1%

The stock has a fifty day moving average of GBX 11.99 and a 200-day moving average of GBX 11.30. The company has a market cap of £10.10 million, a PE ratio of -4.68, a PEG ratio of -0.38 and a beta of 0.86. The company has a debt-to-equity ratio of 3.32, a quick ratio of 4.90 and a current ratio of 2.85.

About IXICO

IXICO is a global leader in neuroscience imaging and biomarker analytics, using its proprietary AI-driven platform to help advance the treatment of neurological disorders and reduce the uncertainties associated with drug discovery, development and monitoring.

By unlocking valuable insights into drug safety and efficacy, IXICO has built a global reputation and 20-year track record as an end-to-end Imaging Contract Research Organisation (iCRO) managing and analysing neurological clinical trials.