IXICO (LON:IXI) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

IXICO plc (LON:IXI)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 11.66 and traded as low as GBX 10. IXICO shares last traded at GBX 10, with a volume of 55 shares changing hands.

IXICO Price Performance

The stock has a market cap of £9.50 million, a PE ratio of -5.54, a P/E/G ratio of -0.38 and a beta of 0.86. 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’s 50 day moving average price is GBX 11.34 and its two-hundred day moving average price is GBX 11.66.

IXICO (LON:IXI) last released its quarterly earnings data on Tuesday, December 9th. The company reported GBX (1.85) earnings per share for the quarter. IXICO had a negative net margin of 31.10% and a negative return on equity of 19.14%. On average, research analysts expect that IXICO plc will post -289.3584879 earnings per share 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.