IDOX (LON:IDOX) Stock Price Crosses Below 200-Day Moving Average of $63.88

IDOX plc (LON:IDOX - Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 63.88 ($0.79) and traded as low as GBX 61.20 ($0.76). IDOX shares last traded at GBX 62 ($0.77), with a volume of 575,521 shares.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 80 ($0.99) price target on shares of IDOX in a report on Tuesday, March 12th.

IDOX Stock Performance

The company has a current ratio of 0.95, a quick ratio of 1.00 and a debt-to-equity ratio of 41.86. The stock's 50 day moving average price is GBX 62.69 and its two-hundred day moving average price is GBX 63.88. The firm has a market capitalization of £284.77 million, a PE ratio of 6,280.00, a PEG ratio of 3.15 and a beta of 0.39.

IDOX Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 12th. Investors of record on Thursday, March 28th were given a dividend of GBX 0.60 ($0.01) per share. The ex-dividend date was Thursday, March 28th. This represents a yield of 0.91%. This is a positive change from IDOX's previous dividend of $0.50. IDOX's dividend payout ratio (DPR) is 10,000.00%.

Insider Buying and Selling

In other IDOX news, insider David Meaden sold 294,000 shares of IDOX stock in a transaction on Thursday, March 7th. The shares were sold at an average price of GBX 63 ($0.78), for a total value of £185,220 ($228,779.64). 5.89% of the stock is owned by company insiders.

About IDOX

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.