Shore Capital Reaffirms Buy Rating for Ideagen (LON:IDEA)

Ideagen (LON:IDEA)‘s stock had its “buy” rating reissued by stock analysts at Shore Capital in a research report issued on Friday, Digital Look reports.

Separately, Canaccord Genuity raised their price objective on shares of Ideagen from GBX 325 ($4.25) to GBX 350 ($4.57) and gave the stock a “buy” rating in a report on Tuesday, November 9th.

Shares of IDEA opened at GBX 250 ($3.27) on Friday. The stock has a market capitalization of £638.37 million and a PE ratio of 833.33. Ideagen has a 1 year low of GBX 203 ($2.65) and a 1 year high of GBX 335 ($4.38). The company has a debt-to-equity ratio of 22.04, a quick ratio of 0.40 and a current ratio of 0.46. The company’s 50-day simple moving average is GBX 299.14 and its 200-day simple moving average is GBX 283.76.

Ideagen Company Profile

Ideagen plc develops and sells information management software in the United Kingdom, rest of Europe, North America, the Middle East, and internationally. Its governance, risk, and compliance (GRC) solutions include Q-Pulse QMS, a quality management software; Q-Pulse PM, a product management software; Q-Pulse Law, an EHS legal compliance software; Q-Pulse WorkRite, a health and safety management system; Pentana Audit, an audit automation software; Pentana Disclose, a financial disclosure checklist software; Pentana Compliance, an accountability and competency compliance software; and Pentana Risk, a cloud-based performance and risk management software.

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