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IDOX (LON:IDOX) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

IDOX logo with Computer and Technology background

IDOX plc (LON:IDOX - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 59.02 ($0.79) and traded as high as GBX 63 ($0.85). IDOX shares last traded at GBX 62.18 ($0.84), with a volume of 526,627 shares.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 90 ($1.21) price target on shares of IDOX in a report on Wednesday, April 30th.

View Our Latest Research Report on IDOX

IDOX Trading Down 0.3%

The company has a quick ratio of 1.00, a current ratio of 0.70 and a debt-to-equity ratio of 30.03. The business has a fifty day simple moving average of GBX 57.05 and a 200 day simple moving average of GBX 59.01. The company has a market cap of £286.27 million, a price-to-earnings ratio of 51.66, a P/E/G ratio of 3.15 and a beta of 0.38.

IDOX (LON:IDOX - Get Free Report) last released its earnings results on Thursday, June 12th. The company reported GBX 1.49 ($0.02) EPS for the quarter. IDOX had a return on equity of 7.18% and a net margin of 6.82%. On average, equities analysts anticipate that IDOX plc will post 2.7173913 EPS for the current fiscal year.

About IDOX

(Get Free Report)

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.

Further Reading

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