IDOX (LON:IDOX) Share Price Crosses Above Two Hundred Day Moving Average of $62.60

Shares of IDOX plc (LON:IDOX) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 62.60 ($0.84) and traded as high as GBX 63.80 ($0.85). IDOX shares last traded at GBX 62.80 ($0.84), with a volume of 6,626,974 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank initiated coverage on IDOX in a report on Thursday, July 11th. They set a “buy” rating and a GBX 81 ($1.08) price target for the company.

IDOX Price Performance

The stock has a market cap of £288.99 million, a P/E ratio of 6,280.00, a P/E/G ratio of 3.15 and a beta of 0.38. The company has a debt-to-equity ratio of 35.05, a quick ratio of 1.00 and a current ratio of 0.92. The business has a 50 day simple moving average of GBX 61.44 and a 200-day simple moving average of GBX 62.60.

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.