IBEX Limited (NASDAQ:IBEX – Get Free Report) Director Group International L. Resource sold 2,011 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $20.00, for a total transaction of $40,220.00. Following the completion of the transaction, the director now directly owns 5,348,432 shares of the company’s stock, valued at approximately $106,968,640. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
IBEX Trading Down 0.3 %
Shares of IBEX opened at $19.55 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.53 and a quick ratio of 2.53. IBEX Limited has a 1-year low of $13.00 and a 1-year high of $20.56. The stock has a market cap of $327.66 million, a price-to-earnings ratio of 10.57 and a beta of 0.76. The firm has a 50 day simple moving average of $18.74 and a 200-day simple moving average of $16.80.
IBEX (NASDAQ:IBEX – Get Free Report) last released its quarterly earnings results on Thursday, September 12th. The company reported $0.54 earnings per share for the quarter. IBEX had a return on equity of 22.04% and a net margin of 6.62%. The company had revenue of $124.53 million during the quarter.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
IBEX has been the subject of several research analyst reports. Robert W. Baird raised their price objective on IBEX from $23.00 to $26.00 and gave the company an “outperform” rating in a research note on Friday. Royal Bank of Canada raised their price target on IBEX from $18.00 to $20.00 and gave the company a “sector perform” rating in a research report on Friday, September 13th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $21.25.
Get Our Latest Stock Analysis on IBEX
About IBEX
IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company products and services portfolio includes ibex Connect, that offers customer service, technical support, revenue generation, and other revenue generation outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that comprises digital marketing, e-commerce technology, and platform solutions; and ibex CX, a customer experience solution, which provides a suite of proprietary software tools to measure, monitor, and manage its clients' customer experience.
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