Image Scan (LON:IGE) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Image Scan Holdings Plc (LON:IGEGet Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 2.77 ($0.04) and traded as high as GBX 3.07 ($0.04). Image Scan shares last traded at GBX 2.85 ($0.04), with a volume of 630,739 shares changing hands.

Image Scan Price Performance

The business has a fifty day moving average price of GBX 2.79 and a 200 day moving average price of GBX 2.05. The company has a market cap of £3.90 million, a price-to-earnings ratio of 14.00 and a beta of 0.69. The company has a debt-to-equity ratio of 7.97, a quick ratio of 1.57 and a current ratio of 2.35.

Image Scan Company Profile

(Get Free Report)

Image Scan Holdings Plc, through its subsidiary 3DX-Ray Limited, engages in the manufacture and sale of portable X-ray systems for security and counter-terrorism applications in the United Kingdom, Europe, the Middle East, Africa, Asia, Indian Subcontinent, and the Americas. Its security products include portable systems, such as ThreatScan-LS1, ThreatScan-LS3, ThreatScan-AS1(ISC), ThreatScan-LSC, and chemical detection products; mail and baggage screening products, including AXIS-CXi screening and conveyor systems; metal detection products, including AXIS archway and walk by metal detectors; and blast protection and EOD/IEDD equipment.

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