IXICO (LON:IXI) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Shares of IXICO plc (LON:IXI) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 10.49 ($0.14) and traded as low as GBX 7.50 ($0.10). IXICO shares last traded at GBX 7.88 ($0.10), with a volume of 41,875 shares traded.

IXICO Stock Performance

The firm’s 50-day simple moving average is GBX 10.42 and its two-hundred day simple moving average is GBX 10.49. The company has a market cap of £7.30 million, a PE ratio of -2.04, a P/E/G ratio of -0.38 and a beta of 0.86. The company has a current ratio of 2.85, a quick ratio of 4.90 and a debt-to-equity ratio of 3.32.

IXICO Company Profile

IXICO is a fast growing and profitable medical data analytics company, providing data management and advanced analytics to the pharmaceutical clinical trials market. Established in 2004 and listed as a public company in October 2013, IXICO has firmly established itself as a trusted partner to the global pharmaceutical industry developing new therapies for neurological conditions such as Alzheimer’s, Parkinson’s and Huntington’s disease.

Our purpose is to advance medicine and human health by turning data into clinically meaningful information, providing valuable new insights in neuroscience.