Ingenta (LON:ING) Reaches New 1-Year High – Time to Buy?

Ingenta plc (LON:ING) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 115 and last traded at GBX 114, with a volume of 88508 shares traded. The stock had previously closed at GBX 108.

Ingenta Stock Performance

The company’s 50-day moving average price is GBX 99.59 and its 200 day moving average price is GBX 84.63. The stock has a market capitalization of £16.54 million, a P/E ratio of 9.03 and a beta of 0.16.

Ingenta Company Profile

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.