Image Scan (LON:IGE) Stock Crosses Above 50 Day Moving Average – Here’s Why

Shares of Image Scan Holdings Plc (LON:IGE) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 2.64 ($0.03) and traded as high as GBX 3.30 ($0.04). Image Scan shares last traded at GBX 3.30 ($0.04), with a volume of 173,177 shares traded.

Image Scan Trading Down 4.0 %

The company has a market cap of £4.33 million, a P/E ratio of 14.00 and a beta of 0.69. The company has a quick ratio of 1.57, a current ratio of 2.35 and a debt-to-equity ratio of 7.97. The business has a fifty day moving average price of GBX 2.69 and a 200-day moving average price of GBX 1.99.

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.