IXICO (LON:IXI) Stock Price Passes Below 200-Day Moving Average – What’s Next?

IXICO plc (LON:IXI) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 11.63 and traded as low as GBX 11.21. IXICO shares last traded at GBX 11.21, with a volume of 7,075 shares changing hands.

IXICO Price Performance

The company’s fifty day moving average is GBX 11.42 and its 200 day moving average is GBX 11.63. The firm has a market cap of £10.72 million, a price-to-earnings ratio of -6.25, a PEG ratio of -0.38 and a beta of 0.86. The company has a quick ratio of 4.90, a current ratio of 2.85 and a debt-to-equity ratio of 3.32.

IXICO (LON:IXI) last issued its quarterly earnings results on Tuesday, December 9th. The company reported GBX (1.85) earnings per share (EPS) for the quarter. IXICO had a negative net margin of 31.10% and a negative return on equity of 19.14%. On average, equities research analysts predict that IXICO plc will post -289.3584879 EPS for the current year.

IXICO Company Profile

IXICO is a global leader in neuroscience imaging and biomarker analytics, using its proprietary AI-driven platform to help advance the treatment of neurological disorders and reduce the uncertainties associated with drug discovery, development and monitoring.

By unlocking valuable insights into drug safety and efficacy, IXICO has built a global reputation and 20-year track record as an end-to-end Imaging Contract Research Organisation (iCRO) managing and analysing neurological clinical trials.