Image Scan (LON:IGE) Shares Down 7.3% – Here’s What Happened

Image Scan Holdings Plc (LON:IGE)’s stock price dropped 7.3% on Friday . The company traded as low as GBX 1.90 and last traded at GBX 1.90. Approximately 100,899 shares were traded during mid-day trading, an increase of 40% from the average daily volume of 72,157 shares. The stock had previously closed at GBX 2.05.

Image Scan Stock Down 7.3%

The company has a current ratio of 2.54, a quick ratio of 1.57 and a debt-to-equity ratio of 9.06. The firm’s 50 day simple moving average is GBX 1.93 and its 200-day simple moving average is GBX 1.59. The company has a market capitalization of £2.60 million, a price-to-earnings ratio of -9.05 and a beta of 0.69.

Image Scan (LON:IGE) last posted its earnings results on Tuesday, December 2nd. The company reported GBX (0.21) EPS for the quarter. Image Scan had a negative return on equity of 0.71% and a negative net margin of 0.43%. On average, sell-side analysts anticipate that Image Scan Holdings Plc will post 0.1297899 EPS for the current fiscal year.

About Image Scan

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.