IXICO (LON:IXI) Stock Passes Below 200-Day Moving Average – Here’s What Happened

IXICO plc (LON:IXI) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 8.71 and traded as low as GBX 8.17. IXICO shares last traded at GBX 8.17, with a volume of 66,349 shares changing hands.

IXICO Price Performance

The stock has a market capitalization of £17.88 million, a price-to-earnings ratio of -4.19, a price-to-earnings-growth ratio of -0.38 and a beta of 0.13. The company has a current ratio of 2.83, a quick ratio of 4.90 and a debt-to-equity ratio of 5.22. The company’s 50 day moving average is GBX 8.21 and its 200 day moving average is GBX 8.71.

IXICO (LON:IXI) last released its quarterly earnings data on Tuesday, May 19th. The company reported GBX (1.21) earnings per share (EPS) for the quarter. IXICO had a negative net margin of 24.98% and a negative return on equity of 16.18%. The company had revenue of GBX 395 million during the quarter. Research analysts anticipate that IXICO plc will post -289.3584879 EPS for the current fiscal 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.