Image Scan (LON:IGE) Stock Price Down 9.3% – Here’s What Happened

Image Scan Holdings Plc (LON:IGE) shares fell 9.3% during trading on Monday . The company traded as low as GBX 1.23 ($0.02) and last traded at GBX 1.23 ($0.02). 120,000 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 227,318 shares. The stock had previously closed at GBX 1.35 ($0.02).

Image Scan Stock Down 9.3%

The company has a debt-to-equity ratio of 9.06, a quick ratio of 1.57 and a current ratio of 2.54. The stock has a 50 day moving average price of GBX 1.52 and a 200 day moving average price of GBX 2.12. The company has a market cap of £1.68 million, a P/E ratio of -146.59 and a beta of 0.69.

Image Scan (LON:IGE) last announced its earnings results on Tuesday, May 20th. The company reported GBX (0.30) ($0.00) earnings per share (EPS) for the quarter. Image Scan had a negative return on equity of 0.71% and a negative net margin of 0.43%. Research analysts expect that Image Scan Holdings Plc will post 0.1297899 earnings per share for the current fiscal 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.