IXICO (LON:IXI) Share Price Passes Above Fifty Day Moving Average – What’s Next?

by · The Cerbat Gem

Shares of IXICO plc (LON:IXI – Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 11.39 ($0.14) and traded as high as GBX 12 ($0.15). IXICO shares last traded at GBX 12 ($0.15), with a volume of 10,000 shares changing hands.

IXICO Trading Up 8.7 %

The company has a market capitalization of £6.04 million, a P/E ratio of -312.50, a price-to-earnings-growth ratio of -0.38 and a beta of 0.86. The company has a debt-to-equity ratio of 3.22, a current ratio of 3.64 and a quick ratio of 4.90. The firm has a fifty day moving average price of GBX 11.51 and a 200-day moving average price of GBX 9.56.

Insider Activity

In other news, insider Grant Nash acquired 260,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were acquired at an average price of GBX 12 ($0.15) per share, for a total transaction of £31,200 ($37,960.82). 30.28% of the stock is currently owned by corporate insiders.

About IXICO

(Get Free Report)

IXICO is a fast growing and profitable medical data analytics company, providing data management and advanced analytics to the pharmaceutical clinical trials market. Established in 2004 and listed as a public company in October 2013, IXICO has firmly established itself as a trusted partner to the global pharmaceutical industry developing new therapies for neurological conditions such as Alzheimer’s, Parkinson’s and Huntington’s disease.

Our purpose is to advance medicine and human health by turning data into clinically meaningful information, providing valuable new insights in neuroscience.

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