IDOX (LON:IDOX) Shares Cross Above 200 Day Moving Average – What’s Next?

IDOX plc (LON:IDOXGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 59.04 ($0.81) and traded as high as GBX 66 ($0.91). IDOX shares last traded at GBX 65.20 ($0.89), with a volume of 715,151 shares trading hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 90 ($1.24) price target on shares of IDOX in a research note on Wednesday, April 30th.

Get Our Latest Stock Analysis on IDOX

IDOX Trading Down 1.2%

The stock has a market cap of £298.16 million, a P/E ratio of 53.81, a price-to-earnings-growth ratio of 3.15 and a beta of 0.38. The company has a debt-to-equity ratio of 30.03, a quick ratio of 1.00 and a current ratio of 0.70. The firm’s fifty day simple moving average is GBX 58.17 and its 200-day simple moving average is GBX 59.04.

IDOX (LON:IDOXGet Free Report) last posted its quarterly earnings data on Thursday, June 12th. The company reported GBX 1.49 ($0.02) earnings per share for the quarter. IDOX had a net margin of 6.82% and a return on equity of 7.18%. Equities research analysts expect that IDOX plc will post 2.7173913 EPS for the current fiscal year.

IDOX Company Profile

(Get Free Report)

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.

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