Image Scan (LON:IGE) Stock Passes Above 50-Day Moving Average – Time to Sell?

Image Scan Holdings Plc (LON:IGE) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1.62 and traded as high as GBX 1.90. Image Scan shares last traded at GBX 1.60, with a volume of 18,127 shares changing hands.

Image Scan Stock Performance

The company has a 50-day moving average price of GBX 1.62 and a two-hundred day moving average price of GBX 1.74. The stock has a market capitalization of £2.19 million, a P/E ratio of 10.67 and a beta of 0.69. The company has a quick ratio of 1.57, a current ratio of 2.35 and a debt-to-equity ratio of 1.53.

Image Scan (LON:IGE) last posted its quarterly earnings data on Thursday, April 30th. The company reported GBX 0.06 earnings per share for the quarter. The company had revenue of GBX 132 million for the quarter. Image Scan had a net margin of 8.07% and a return on equity of 14.23%. Equities 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.