IXICO (LON:IXI) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Shares of IXICO plc (LON:IXI) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 10.51 ($0.14) and traded as low as GBX 9.50 ($0.12). IXICO shares last traded at GBX 9.75 ($0.13), with a volume of 3 shares trading hands.

IXICO Stock Performance

The company has a quick ratio of 4.90, a current ratio of 2.85 and a debt-to-equity ratio of 3.32. The stock has a 50 day simple moving average of GBX 11.26 and a two-hundred day simple moving average of GBX 10.52. The stock has a market capitalization of £9.04 million, a P/E ratio of -2.53, a P/E/G ratio of -0.38 and a beta of 0.86.

About IXICO

IXICO is a fast growing and profitable medical data analytics company, providing data management and advanced analytics to the pharmaceutical clinical trials market. Established in 2004 and listed as a public company in October 2013, IXICO has firmly established itself as a trusted partner to the global pharmaceutical industry developing new therapies for neurological conditions such as Alzheimer’s, Parkinson’s and Huntington’s disease.

Our purpose is to advance medicine and human health by turning data into clinically meaningful information, providing valuable new insights in neuroscience.