Image Scan (LON:IGE) Shares Down 25.2% – What’s Next?

Image Scan Holdings Plc (LON:IGE) fell 25.2% on Monday . The company traded as low as GBX 1.30 and last traded at GBX 1.53. 2,451,732 shares were traded during mid-day trading, an increase of 1,146% from the average session volume of 196,722 shares. The stock had previously closed at GBX 2.05.

Image Scan Trading Down 27.4%

The company has a 50 day moving average of GBX 1.99 and a 200-day moving average of GBX 1.63. The stock has a market cap of £2.04 million, a price-to-earnings ratio of -7.09 and a beta of 0.69. The company has a debt-to-equity ratio of 9.06, a quick ratio of 1.57 and a current ratio of 2.54.

Image Scan (LON:IGE) last issued its quarterly earnings results on Tuesday, December 2nd. The company reported GBX (0.21) earnings per share (EPS) for the quarter. Image Scan had a negative return on equity of 0.71% and a negative net margin of 0.43%. On average, research analysts anticipate that Image Scan Holdings Plc will post 0.1297899 earnings per share for the current year.

About Image Scan

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.