IDOX (LON:IDOX) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

IDOX plc (LON:IDOX) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 70.56 and traded as high as GBX 79.40. IDOX shares last traded at GBX 78.40, with a volume of 17,106 shares trading hands.

IDOX Price Performance

The business has a 50 day moving average of GBX 71.60 and a 200 day moving average of GBX 70.61. The company has a debt-to-equity ratio of 29.39, a current ratio of 0.84 and a quick ratio of 1.00. The firm has a market capitalization of £368.55 million, a price-to-earnings ratio of 58.51, a price-to-earnings-growth ratio of 3.15 and a beta of 0.29.

Insiders Place Their Bets

In related news, insider Christopher M. R. Stone sold 1,521,877 shares of the company’s stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of GBX 71, for a total value of £1,080,532.67. Also, insider Jonathan Legdon sold 2,174,969 shares of the company’s stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of GBX 71, for a total value of £1,544,227.99. Insiders sold a total of 8,551,650 shares of company stock valued at $607,167,150 in the last ninety days. 9.46% of the stock is currently owned by insiders.

About IDOX

IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through three segments: Land, Property & Public Protection; Communities; and Assets. It provides specialist software and information management solutions for government, health, engineering, transport, and property fields; engineering document management and control solutions to asset intensive industry sectors; and delivers software solutions.