IDOX (LON:IDOX) Share Price Crosses Above 50 Day Moving Average – Here’s What Happened

IDOX plc (LON:IDOX) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 70.54 and traded as high as GBX 70.60. IDOX shares last traded at GBX 70.20, with a volume of 732,563 shares.

IDOX Stock Performance

The company has a market cap of £326.24 million, a P/E ratio of 53.28, a PEG ratio of 3.15 and a beta of 0.31. The business’s 50 day simple moving average is GBX 70.56 and its 200 day simple moving average is GBX 68.10. The company has a current ratio of 0.84, a quick ratio of 1.00 and a debt-to-equity ratio of 29.39.

IDOX (LON:IDOX) last released its earnings results on Tuesday, February 17th. The company reported GBX 2.74 EPS for the quarter. IDOX had a net margin of 6.86% and a return on equity of 7.57%. Sell-side analysts predict that IDOX plc will post 2.7173913 earnings per share for the current fiscal year.

About IDOX

IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through three segments: Land, Property & Public Protection; Communities; and Assets. It provides specialist software and information management solutions for government, health, engineering, transport, and property fields; engineering document management and control solutions to asset intensive industry sectors; and delivers software solutions.