IBEX Limited (NASDAQ:IBEX – Get Free Report) Director Mohammedulla Khaishgi sold 1,883 shares of the business’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of $20.00, for a total transaction of $37,660.00. Following the completion of the sale, the director now directly owns 99,636 shares in the company, valued at approximately $1,992,720. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Mohammedulla Khaishgi also recently made the following trade(s):
- On Thursday, September 19th, Mohammedulla Khaishgi sold 4,880 shares of IBEX stock. The stock was sold at an average price of $20.00, for a total transaction of $97,600.00.
IBEX Stock Performance
Shares of NASDAQ:IBEX traded down $0.20 on Friday, hitting $19.71. The company had a trading volume of 152,430 shares, compared to its average volume of 64,036. IBEX Limited has a 1-year low of $13.00 and a 1-year high of $20.56. The stock has a market cap of $331.13 million, a price-to-earnings ratio of 13.01 and a beta of 0.73. The stock has a 50 day moving average price of $17.32 and a 200 day moving average price of $15.87. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 0.01.
Wall Street Analyst Weigh In
Check Out Our Latest Report on IBEX
Hedge Funds Weigh In On IBEX
Several institutional investors and hedge funds have recently modified their holdings of IBEX. Meeder Asset Management Inc. bought a new stake in IBEX during the second quarter worth about $38,000. Quadrature Capital Ltd bought a new stake in IBEX during the first quarter worth about $349,000. Bank of New York Mellon Corp lifted its position in IBEX by 15.7% during the second quarter. Bank of New York Mellon Corp now owns 27,626 shares of the company’s stock worth $447,000 after purchasing an additional 3,759 shares during the period. Allspring Global Investments Holdings LLC lifted its position in IBEX by 6.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 32,607 shares of the company’s stock worth $528,000 after purchasing an additional 1,874 shares during the period. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in shares of IBEX by 9.3% in the first quarter. Jacobs Levy Equity Management Inc. now owns 37,390 shares of the company’s stock worth $577,000 after acquiring an additional 3,191 shares during the last quarter. 81.24% of the stock is currently owned by institutional investors and hedge funds.
About IBEX
IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company products and services portfolio includes ibex Connect, that offers customer service, technical support, revenue generation, and other revenue generation outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that comprises digital marketing, e-commerce technology, and platform solutions; and ibex CX, a customer experience solution, which provides a suite of proprietary software tools to measure, monitor, and manage its clients' customer experience.
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