IXICO (LON:IXI) Trading Down 11.5% – What’s Next?

Shares of IXICO plc (LON:IXI) fell 11.5% during mid-day trading on Wednesday . The stock traded as low as GBX 10.84 ($0.14) and last traded at GBX 10.84 ($0.14). 673,751 shares traded hands during mid-day trading, an increase of 812% from the average session volume of 73,851 shares. The stock had previously closed at GBX 12.25 ($0.16).

IXICO Trading Down 11.5 %

The stock has a fifty day simple moving average of GBX 9.81 and a 200 day simple moving average of GBX 8.49. The company has a debt-to-equity ratio of 3.22, a quick ratio of 4.90 and a current ratio of 3.64. The firm has a market cap of £5.24 million, a P/E ratio of -306.25, a price-to-earnings-growth ratio of -0.38 and a beta of 0.86.

Insider Buying and Selling

In related news, insider Mark Warne bought 26,370 shares of the firm’s stock in a transaction on Thursday, October 10th. The stock was acquired at an average cost of GBX 9 ($0.11) per share, for a total transaction of £2,373.30 ($3,007.22). 30.28% of the stock is owned by corporate insiders.

IXICO Company Profile

IXICO plc provides data analytics services to the biopharmaceutical industry in the United Kingdom, Switzerland, the Netherlands, Ireland, rest of Europe, and the United States. Its services include collection, analysis, management, and reporting on data generated in the course of a clinical study. The company’s technologies comprise Assessa, an online digital platform for clinics; and TrialTracker, a platform that delivers imaging services designed to manage the complex imaging workflow from image upload, quality control, and reading/analysis to reporting and data transfer.