Berenberg Bank Reaffirms "Buy" Rating for IDOX (LON:IDOX)

Berenberg Bank reaffirmed their buy rating on shares of IDOX (LON:IDOX - Free Report) in a report issued on Tuesday, Marketbeat Ratings reports. They currently have a GBX 81 ($1.01) target price on the stock.

IDOX Trading Down 0.9 %

LON IDOX traded down GBX 0.60 ($0.01) on Tuesday, reaching GBX 63.40 ($0.79). 114,293 shares of the company were exchanged, compared to its average volume of 345,965. The business's fifty day moving average price is GBX 62.86 and its 200 day moving average price is GBX 61.55. The stock has a market capitalization of £291.75 million, a P/E ratio of 6,340.00, a price-to-earnings-growth ratio of 3.15 and a beta of 0.38. The company has a current ratio of 0.92, a quick ratio of 1.00 and a debt-to-equity ratio of 35.05. IDOX has a fifty-two week low of GBX 53.31 ($0.66) and a fifty-two week high of GBX 69 ($0.86).

IDOX (LON:IDOX - Get Free Report) last issued its quarterly earnings results 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%. Analysts forecast that IDOX will post 2.7173913 earnings per share for the current 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.