Image Scan (LON:IGE) Trading 11.2% Higher – What’s Next?

Image Scan Holdings Plc (LON:IGEGet Free Report) shares were up 11.2% during mid-day trading on Thursday . The company traded as high as GBX 3.30 and last traded at GBX 3.23. Approximately 637,958 shares changed hands during mid-day trading, an increase of 221% from the average daily volume of 198,589 shares. The stock had previously closed at GBX 2.90.

Image Scan Price Performance

The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.56 and a current ratio of 2.35. The stock has a market capitalization of £4.65 million, a P/E ratio of 22.67 and a beta of 0.22. The firm has a 50-day moving average price of GBX 2.49 and a 200 day moving average price of GBX 2.

About Image Scan

(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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