IXICO (LON:IXI) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

IXICO plc (LON:IXI) shares crossed 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 company 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 stock has a 50-day moving average of GBX 11.34 and a 200-day moving average of GBX 11.66. The company has a quick ratio of 4.90, a current ratio of 2.85 and a debt-to-equity ratio of 3.32.

IXICO (LON:IXI) last announced its earnings results on Tuesday, December 9th. The company reported GBX (1.85) earnings per share for the quarter. IXICO had a negative return on equity of 19.14% and a negative net margin of 31.10%. Sell-side analysts predict that IXICO plc will post -289.3584879 earnings per share for the current fiscal year.

IXICO Company Profile

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.