IDOX (LON:IDOX) Share Price Passes Above 200-Day Moving Average - Time to Sell?

Shares of IDOX plc (LON:IDOX - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 61.56 ($0.76) and traded as high as GBX 64.80 ($0.80). IDOX shares last traded at GBX 62.60 ($0.78), with a volume of 822,002 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 81 ($1.00) target price on shares of IDOX in a report on Tuesday, January 28th.

IDOX Price Performance

The company has a quick ratio of 1.00, a current ratio of 0.92 and a debt-to-equity ratio of 35.05. The company has a fifty day moving average price of GBX 62.81 and a 200-day moving average price of GBX 61.56. The stock has a market capitalization of £279.79 million, a P/E ratio of 6,080.00, a PEG ratio of 3.15 and a beta of 0.38.

IDOX (LON:IDOX - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The company reported GBX 2.63 ($0.03) earnings per share for the quarter. IDOX had a return on equity of 7.62% and a net margin of 6.82%. As a group, research analysts forecast that IDOX plc will post 2.7173913 EPS 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.