Image Scan (LON:IGE) Trading Down 5.4% – What’s Next?

Image Scan Holdings Plc (LON:IGE)’s share price was down 5.4% during trading on Friday . The stock traded as low as GBX 2.61 ($0.03) and last traded at GBX 2.65 ($0.03). Approximately 182,821 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 538,664 shares. The stock had previously closed at GBX 2.80 ($0.04).

Image Scan Trading Down 5.4 %

The company has a quick ratio of 1.57, a current ratio of 2.35 and a debt-to-equity ratio of 7.97. The firm has a 50 day moving average of GBX 2.95 and a 200 day moving average of GBX 2.28. The firm has a market cap of £3.63 million, a PE ratio of 14.00 and a beta of 0.69.

Image Scan Company Profile

Image Scan Holdings Plc, through its subsidiary 3DX-Ray Limited, engages in the manufacture and sale of portable X-ray systems for security and counter-terrorism applications in the United Kingdom, Europe, the Middle East, Africa, Asia, Indian Subcontinent, and the Americas. Its security products include portable systems, such as ThreatScan-LS1, ThreatScan-LS3, ThreatScan-AS1(ISC), ThreatScan-LSC, and chemical detection products; mail and baggage screening products, including AXIS-CXi screening and conveyor systems; metal detection products, including AXIS archway and walk by metal detectors; and blast protection and EOD/IEDD equipment.