Image Scan (LON:IGE) Shares Cross Above 50-Day Moving Average – Time to Sell?

Image Scan Holdings Plc (LON:IGE) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1.43 ($0.02) and traded as high as GBX 1.46 ($0.02). Image Scan shares last traded at GBX 1.41 ($0.02), with a volume of 1,980,195 shares trading hands.

Image Scan Stock Performance

The stock has a market capitalization of £1.98 million, a price-to-earnings ratio of -173.51 and a beta of 0.69. The stock’s 50 day moving average is GBX 1.43 and its 200 day moving average is GBX 1.85. The company has a current ratio of 2.54, a quick ratio of 1.57 and a debt-to-equity ratio of 9.06.

Image Scan (LON:IGE) last released its quarterly earnings results on Tuesday, May 20th. The company reported GBX (0.30) ($0.00) earnings per share (EPS) for the quarter. Image Scan had a negative return on equity of 0.71% and a negative net margin of 0.43%. On average, analysts predict that Image Scan Holdings Plc will post 0.1297899 earnings per share for the current year.

About Image Scan

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.