Ingenta (LON:ING) Shares Climb 5.3% – Still a Buy?

Ingenta plc (LON:ING – Get Free Report)’s share price was up 5.3% during trading on Wednesday. The company traded as high as GBX 70 and last traded at GBX 70. Approximately 31,100 shares traded hands during trading, a decline of 54% from the average session volume of 66,930 shares. The stock had previously closed at GBX 66.50.

Ingenta Trading Up 5.3%

The firm’s 50 day moving average is GBX 69.34 and its two-hundred day moving average is GBX 81.14. The stock has a market cap of £10.64 million, a price-to-earnings ratio of 8.28 and a beta of 0.72.

Ingenta (LON:ING – Get Free Report) last released its earnings results on Wednesday, September 23rd. The company reported GBX 5 earnings per share (EPS) for the quarter. Ingenta had a net margin of 11.99% and a return on equity of 16.63%. As a group, equities analysts expect that Ingenta plc will post 9.62 EPS for the current fiscal year.

About Ingenta

(Get Free Report)

Ingenta provides mission critical software designed to solve the unique problems faced by information and content providers. We tailor our suite of industry-specific technology products to create robust solutions to digitally distribute content and to manage our customers IP and content requirements.

We support a full spectrum of clients ranging between global publishing giants and academic and trade publications, right through to prestigious NGO’s and established music record labels and multimedia companies.

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