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

Image Scan Holdings Plc (LON:IGE) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1.89 and traded as high as GBX 2.30. Image Scan shares last traded at GBX 2, with a volume of 2,738 shares trading hands.

Image Scan Stock Down 7.0%

The stock has a fifty day moving average of GBX 1.89 and a two-hundred day moving average of GBX 1.78. The company has a quick ratio of 1.56, a current ratio of 2.35 and a debt-to-equity ratio of 1.53. The stock has a market cap of £2.74 million, a price-to-earnings ratio of 13.33 and a beta of 0.22.

Image Scan (LON:IGE) last released its quarterly earnings data on Thursday, April 30th. The company reported GBX 0.06 earnings per share (EPS) for the quarter. Image Scan had a net margin of 8.07% and a return on equity of 14.23%. The company had revenue of GBX 132 million during the quarter. As a group, analysts predict that Image Scan Holdings Plc will post 0.1297899 EPS for the current fiscal 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.