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IDOX (LON:IDOX) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?

IDOX logo with Computer and Technology background

IDOX plc (LON:IDOX - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 59.14 ($0.80) and traded as high as GBX 60 ($0.81). IDOX shares last traded at GBX 59 ($0.80), with a volume of 744,479 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 90 ($1.22) price objective on shares of IDOX in a research note on Wednesday, April 30th.

Get Our Latest Stock Analysis on IDOX

IDOX Trading Down 1.7%

The company has a current ratio of 0.70, a quick ratio of 1.00 and a debt-to-equity ratio of 30.03. The company has a market cap of £269.80 million, a price-to-earnings ratio of 48.69, a price-to-earnings-growth ratio of 3.15 and a beta of 0.38. The firm has a 50-day moving average price of GBX 55.67 and a 200 day moving average price of GBX 59.14.

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.

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