Image Scan (LON:IGE) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Image Scan Holdings Plc (LON:IGEGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 2.32 and traded as high as GBX 2.70. Image Scan shares last traded at GBX 2.70, with a volume of 100,244 shares changing hands.

Image Scan Trading Up 3.8%

The company’s fifty day moving average price is GBX 2.33 and its two-hundred day moving average price is GBX 1.90. The company has a current ratio of 2.35, a quick ratio of 1.56 and a debt-to-equity ratio of 1.53. The firm has a market cap of £3.70 million, a P/E ratio of 18.00 and a beta of 0.22.

Image Scan Company Profile

(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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