IDOX (LON:IDOX) Shares Cross Below 200 Day Moving Average of $63.88

IDOX plc (LON:IDOX) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 63.88 ($0.79) and traded as low as GBX 61.20 ($0.76). IDOX shares last traded at GBX 62 ($0.77), with a volume of 575,521 shares.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 80 ($0.99) price objective on shares of IDOX in a research report on Tuesday, March 12th.

IDOX Price Performance

The company has a debt-to-equity ratio of 41.86, a quick ratio of 1.00 and a current ratio of 0.95. The company has a fifty day moving average price of GBX 62.69 and a two-hundred day moving average price of GBX 63.88. The company has a market cap of £288.44 million, a P/E ratio of 6,200.00, a PEG ratio of 3.15 and a beta of 0.39.

IDOX Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 12th. Shareholders of record on Thursday, March 28th were given a dividend of GBX 0.60 ($0.01) per share. This is a positive change from IDOX’s previous dividend of $0.50. This represents a yield of 0.91%. The ex-dividend date of this dividend was Thursday, March 28th. IDOX’s dividend payout ratio is 10,000.00%.

Insider Activity

In other IDOX news, insider David Meaden sold 294,000 shares of the business’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of GBX 63 ($0.78), for a total transaction of £185,220 ($228,779.64). Insiders own 5.89% of the company’s stock.

About IDOX

IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through three segments: Land, Property & Public Protection; Communities; and Assets.