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IDOX (LON:IDOX) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

IDOX logo with Computer and Technology background

IDOX plc (LON:IDOX - Get Free Report)'s share price passed 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 ($0.90), with a volume of 715,151 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 90 ($1.24) target price on shares of IDOX in a research note on Wednesday, April 30th.

Check Out Our Latest Analysis on IDOX

IDOX Stock Down 0.9%

The company has a debt-to-equity ratio of 30.03, a current ratio of 0.70 and a quick ratio of 1.00. The stock's fifty day simple moving average is GBX 58.64 and its 200-day simple moving average is GBX 59.06. The stock has a market cap of £299.07 million, a P/E ratio of 53.98, a PEG ratio of 3.15 and a beta of 0.38.

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

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