IDOX (LON:IDOX) Share Price Passes Above 200-Day Moving Average - What's Next?

IDOX plc (LON:IDOX - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 59.04 ($0.81) and traded as high as GBX 66 ($0.91). IDOX shares last traded at GBX 65.20 ($0.89), with a volume of 715,151 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a "buy" rating and issued a GBX 90 ($1.23) price objective on shares of IDOX in a research note on Wednesday, April 30th.

IDOX Stock Performance

The firm's 50 day simple moving average is GBX 58.17 and its 200 day simple moving average is GBX 59.01. The firm has a market capitalization of £298.16 million, a price-to-earnings ratio of 53.81, a PEG ratio of 3.15 and a beta of 0.38. The company has a debt-to-equity ratio of 30.03, a quick ratio of 1.00 and a current ratio of 0.70.

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