Elixirr International (LON:ELIX) Reaches New 1-Year Low – Time to Sell?

Elixirr International plc (LON:ELIX)’s share price hit a new 52-week low on Wednesday . The stock traded as low as GBX 580 and last traded at GBX 593.45, with a volume of 62187 shares. The stock had previously closed at GBX 594.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group initiated coverage on shares of Elixirr International in a research note on Monday, August 3rd. They issued a “buy” rating and a GBX 1,275 target price for the company. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 1,167.50.

Elixirr International Trading Down 0.1%

The company’s 50-day moving average is GBX 647.46 and its 200-day moving average is GBX 674.54. The company has a debt-to-equity ratio of 23.52, a quick ratio of 1.29 and a current ratio of 0.52. The firm has a market cap of £294.12 million, a price-to-earnings ratio of 15.96 and a beta of 0.65.

Insider Activity

In related news, insider Nick Willott bought 100,000 shares of Elixirr International stock in a transaction dated Thursday, July 9th. The shares were bought at an average cost of GBX 43 per share, for a total transaction of £43,000. Insiders own 33.22% of the company’s stock.

Elixirr International Company Profile

Elixirr is a global consulting firm with a bold ambition: to become the best consulting firm in the world.

Founded in 2009 to challenge a declining industry standard, we’ve grown from a single vision into a powerhouse of entrepreneurial talent. We partner with businesses around the world to deliver transformational results, from boardroom strategy through to execution, powered by the technology of tomorrow. We do this in a way that’s anything but traditional – helping our clients change the game in their industries, just as we are changing the game in ours.