IDOX (LON:IDOX) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

Posted by Jessica Moore on Nov 6th, 2024

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 61.92 ($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.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank began coverage on shares of IDOX in a report on Thursday, July 11th. They set a “buy” rating and a GBX 81 ($1.05) price objective for the company.

Check Out Our Latest Report on IDOX

IDOX Stock Up 0.5 %

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 market cap of £280.30 million, a P/E ratio of 6,060.00, a price-to-earnings-growth ratio of 3.15 and a beta of 0.38. The company has a fifty day moving average of GBX 60.02 and a 200 day moving average of GBX 61.92.

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.