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

IXICO plc (LON:IXI) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 10.51 ($0.14) and traded as low as GBX 9.50 ($0.12). IXICO shares last traded at GBX 9.75 ($0.13), with a volume of 3 shares traded.

IXICO Stock Performance

The company has a market cap of £9.04 million, a price-to-earnings ratio of -2.53, a price-to-earnings-growth ratio of -0.38 and a beta of 0.86. The company has a debt-to-equity ratio of 3.32, a current ratio of 2.85 and a quick ratio of 4.90. The stock has a 50-day moving average price of GBX 11.26 and a 200 day moving average price of GBX 10.52.

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.