IDOX (LON:IDOX) Stock Price Crosses Above 50 Day Moving Average - Here's What Happened

Key Points

• IDOX shares crossed above their 50‑day moving average (50‑day MA GBX 70.54) on Wednesday, trading as high as GBX 70.60 and last at GBX 70.20 on a volume of 732,563 shares, a move accompanied by a 0.3% intraday decline.
• The stock has a market cap of £320.76m, a P/E of 52.39 and PEG of 3.15, with a current ratio of 0.84, quick ratio of 1.00 and debt‑to‑equity of 29.39; the company reported GBX 2.74 EPS for the latest quarter and analysts forecast roughly GBX 2.72 EPS for the year (net margin 6.86%, ROE 7.57%).
• IDOX provides software and information‑management solutions for local government, health, engineering, transport and property sectors across three segments: Land, Property & Public Protection; Communities; and Assets.

Shares of IDOX plc (LON:IDOX - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty 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 trading hands.

IDOX Stock Down 0.3%

The company has a market cap of £320.76 million, a price-to-earnings ratio of 52.39, a price-to-earnings-growth ratio of 3.15 and a beta of 0.31. The company has a current ratio of 0.84, a quick ratio of 1.00 and a debt-to-equity ratio of 29.39. The firm's fifty day moving average price is GBX 70.54 and its 200-day moving average price is GBX 67.96.

IDOX (LON:IDOX - Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The company reported GBX 2.74 earnings per share (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 year.

IDOX Company Profile

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.

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