IDOX (LON:IDOX) Announces Earnings Results

IDOX (LON:IDOX) issued its earnings results on Tuesday. The company reported GBX 2.63 ($0.03) earnings per share for the quarter, Digital Look Earnings reports. IDOX had a net margin of 6.82% and a return on equity of 7.62%.

IDOX Trading Up 1.9 %

Shares of IDOX stock traded up GBX 1.20 ($0.01) during trading hours on Thursday, hitting GBX 64 ($0.80). 438,753 shares of the company were exchanged, compared to its average volume of 356,997. The company has a debt-to-equity ratio of 35.05, a quick ratio of 1.00 and a current ratio of 0.92. IDOX has a fifty-two week low of GBX 53.31 ($0.66) and a fifty-two week high of GBX 69 ($0.86). The company has a 50 day simple moving average of GBX 62.82 and a two-hundred day simple moving average of GBX 61.53. The firm has a market cap of £294.52 million, a P/E ratio of 6,400.00, a P/E/G ratio of 3.15 and a beta of 0.38.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 81 ($1.01) target price on shares of IDOX in a research note on Tuesday.

IDOX Company Profile

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.