IXICO (LON:IXI) Stock Passes Above 50-Day Moving Average – Here’s Why

Shares of IXICO plc (LON:IXI) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 11.33 and traded as high as GBX 11.64. IXICO shares last traded at GBX 11.64, with a volume of 10,050 shares traded.

IXICO Price Performance

The company has a debt-to-equity ratio of 3.32, a current ratio of 2.85 and a quick ratio of 4.90. The firm has a market capitalization of £10.78 million, a price-to-earnings ratio of -4.99, a PEG ratio of -0.38 and a beta of 0.86. The business’s fifty day simple moving average is GBX 11.33 and its 200 day simple moving average is GBX 11.57.

IXICO (LON:IXI) last released its quarterly earnings data on Tuesday, December 9th. The company reported GBX (1.85) earnings per share (EPS) for the quarter. IXICO had a negative return on equity of 19.14% and a negative net margin of 31.10%. On average, research analysts forecast 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.