Ideagen (LON:IDEA) Stock Passes Below 200 Day Moving Average – Time to Sell?

Ideagen plc (LON:IDEA) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 349 ($4.39) and traded as low as GBX 349 ($4.39). Ideagen shares last traded at GBX 349 ($4.39), with a volume of 2,577,744 shares.

Ideagen Trading Down 0.3 %

The firm has a market capitalization of £1.03 billion and a P/E ratio of 17,450.00. The stock has a 50-day simple moving average of GBX 349 and a two-hundred day simple moving average of GBX 349. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 40.85.

Ideagen Company Profile

Ideagen plc develops and sells information management software in the United Kingdom, the United States, Europe, and internationally. Its governance, risk, and compliance (GRC) solutions include Q-Pulse QMS, a quality management software; Q-Pulse PM, a product management software; Q-Pulse Law, an EHS legal compliance software; Q-Pulse WorkRite, a health and safety management system; Pentana Audit, an audit automation software; Pentana Disclose, a financial disclosure checklist software; Pentana Compliance, an accountability and competency compliance software; and Pentana Risk, a cloud-based performance and risk management software.