IBEX Limited (NASDAQ:IBEX – Get Free Report) insider Julie Casteel sold 3,600 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $30.61, for a total value of $110,196.00. Following the completion of the transaction, the insider owned 117,594 shares in the company, valued at $3,599,552.34. This represents a 2.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
IBEX Stock Performance
Shares of NASDAQ:IBEX opened at $31.11 on Wednesday. IBEX Limited has a 52 week low of $25.94 and a 52 week high of $42.99. The company has a market capitalization of $416.56 million, a PE ratio of 9.72 and a beta of 0.69. The company has a 50 day moving average price of $29.97 and a two-hundred day moving average price of $32.34.
IBEX (NASDAQ:IBEX – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.05. The firm had revenue of $164.41 million for the quarter, compared to analyst estimates of $157.00 million. IBEX had a return on equity of 31.50% and a net margin of 7.53%.
Institutional Trading of IBEX
Analysts Set New Price Targets
IBEX has been the topic of several recent analyst reports. Wall Street Zen upgraded IBEX from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 21st. Weiss Ratings reissued a “hold (c+)” rating on shares of IBEX in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $40.00.
Read Our Latest Research Report on IBEX
IBEX Company Profile
IBEX Holdings, Inc is a global business process outsourcing (BPO) company that specializes in customer experience solutions for a range of industries, including telecommunications, cable, technology, financial services and e-commerce. The company’s core offerings encompass multichannel customer support delivered via voice, email, chat, social media and digital self-service platforms. In addition to front-line contact center services, IBEX provides back-office processing, order management, technical troubleshooting and analytics-driven insights to help clients optimize operational efficiency and customer satisfaction.
Beyond traditional contact center operations, IBEX has built a proprietary technology stack designed to integrate real-time data analytics, workforce management and quality assurance.
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