Image Scan (LON:IGE) Shares Down 9.5% – What’s Next?

Shares of Image Scan Holdings Plc (LON:IGE) were down 9.5% on Thursday . The company traded as low as GBX 1.90 and last traded at GBX 1.90. Approximately 121,439 shares were traded during trading, an increase of 142% from the average daily volume of 50,113 shares. The stock had previously closed at GBX 2.10.

Image Scan Stock Performance

The firm has a fifty day simple moving average of GBX 1.84 and a 200 day simple moving average of GBX 1.56. The company has a current ratio of 2.54, a quick ratio of 1.57 and a debt-to-equity ratio of 9.06. The stock has a market cap of £2.63 million, a price-to-earnings ratio of -9.14 and a beta of 0.69.

Image Scan (LON:IGE) last released its quarterly earnings data on Tuesday, December 2nd. The company reported GBX (0.21) earnings per share (EPS) for the quarter. Image Scan had a negative net margin of 0.43% and a negative return on equity of 0.71%. As a group, sell-side analysts expect that Image Scan Holdings Plc will post 0.1297899 earnings per share for the current year.

Image Scan Company Profile

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.