Image Scan (LON:IGE) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Image Scan Holdings Plc (LON:IGE)’s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 1.94 and traded as low as GBX 1.49. Image Scan shares last traded at GBX 1.60, with a volume of 42,076 shares trading hands.

Image Scan Stock Performance

The company’s fifty day moving average price is GBX 1.94 and its 200 day moving average price is GBX 1.62. The company has a market cap of £2.19 million, a PE ratio of -7.62 and a beta of 0.69. The company has a debt-to-equity ratio of 9.06, a current ratio of 2.54 and a quick ratio of 1.57.

Image Scan (LON:IGE) last issued its quarterly earnings data on Tuesday, December 2nd. The company reported GBX (0.21) earnings per share for the quarter. Image Scan had a negative return on equity of 0.71% and a negative net margin of 0.43%. On average, equities research analysts predict 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.