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IDOX (LON:IDOX) Share Price Passes 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 stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 61.92 ($0.81) and traded as high as GBX 61.93 ($0.81). IDOX shares last traded at GBX 60.60 ($0.79), with a volume of 260,122 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank started coverage on shares of IDOX in a research report on Thursday, July 11th. They set a "buy" rating and a GBX 81 ($1.05) price objective on the stock.

Read Our Latest Report on IDOX

IDOX Stock Performance

The business's 50 day simple moving average is GBX 60.04 and its two-hundred day simple moving average is GBX 61.91. The company has a current ratio of 0.92, a quick ratio of 1.00 and a debt-to-equity ratio of 35.05. The firm has a market capitalization of £279.79 million, a P/E ratio of 6,080.00, a price-to-earnings-growth ratio of 3.15 and a beta of 0.38.

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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