Image Scan (LON:IGE) Stock Breaks Above Fifty Day Moving Average – Here’s Why

Image Scan Holdings Plc (LON:IGE – Get Free Report) shares passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of GBX 3.13 and traded as high as GBX 3.40. Image Scan shares last traded at GBX 3.39, with a volume of 305,895 shares traded.

Image Scan Stock Down 0.9%

The stock has a market capitalization of £4.54 million, a PE ratio of 22.13 and a beta of 0.22. The firm has a 50 day moving average of GBX 3.15 and a two-hundred day moving average of GBX 2.34. The company has a current ratio of 2.35, a quick ratio of 1.56 and a debt-to-equity ratio of 1.53.

Image Scan Company Profile

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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.

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