IXICO (LON:IXI) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

IXICO plc (LON:IXI)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 11.30 and traded as low as GBX 7.55. IXICO shares last traded at GBX 7.55, with a volume of 55,392 shares.

IXICO Price Performance

The firm has a market cap of £7.00 million, a PE ratio of -4.08, a P/E/G ratio of -0.38 and a beta of 0.86. The firm’s fifty day simple moving average is GBX 10.49 and its two-hundred day simple moving average is GBX 11.30. The company has a quick ratio of 4.90, a current ratio of 2.85 and a debt-to-equity ratio of 3.32.

IXICO (LON:IXI) last announced its quarterly earnings data on Tuesday, December 9th. The company reported GBX (1.85) EPS for the quarter. IXICO had a negative net margin of 31.10% and a negative return on equity of 19.14%. As a group, research analysts expect that IXICO plc will post -289.3584879 EPS for the current year.

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.