IDOX (LON:IDOX) Stock Passes Above Two Hundred Day Moving Average of $42.44

IDOX plc (LON:IDOX)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $42.44 and traded as high as $48.00. IDOX shares last traded at $47.05, with a volume of 14,803 shares.

IDOX has been the topic of several analyst reports. Canaccord Genuity initiated coverage on IDOX in a report on Monday, July 20th. They issued a “buy” rating and a GBX 68 ($0.89) target price on the stock. Peel Hunt reissued a “buy” rating on shares of IDOX in a report on Monday, June 15th.

The firm has a market capitalization of $206.19 million and a P/E ratio of 465.00. The company has a fifty day simple moving average of GBX 47.55 and a 200 day simple moving average of GBX 42.47. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 105.14.

IDOX (LON:IDOX) last announced its quarterly earnings results on Monday, June 15th. The company reported GBX (0.23) ($0.00) EPS for the quarter. As a group, equities analysts expect that IDOX plc will post 480 earnings per share for the current fiscal year.

About IDOX (LON:IDOX)

Idox plc, through its subsidiaries, provides software solutions and information services for the management of local government and other organizations worldwide. The company operates through five segments: Public Sector Software, Engineering Information Management, Content, Digital, and Health. It offers tools to manage information and knowledge, documents, content, business processes, and workflow, as well as connects directly with the citizens through the Web; elections management solutions; and decision support content, which include grants and planning policy information, as well as corporate compliance services.

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