Image Scan (LON:IGE) Trading Down 5.4% – Here’s What Happened

Image Scan Holdings Plc (LON:IGE) traded down 5.4% on Friday . The company traded as low as GBX 2.61 ($0.03) and last traded at GBX 2.65 ($0.03). 182,821 shares changed hands during mid-day trading, a decline of 66% from the average session 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 debt-to-equity ratio of 7.97, a current ratio of 2.35 and a quick ratio of 1.57. The company has a market capitalization of £3.63 million, a P/E ratio of 14.00 and a beta of 0.69. The firm has a fifty day moving average price of GBX 2.95 and a 200-day moving average price of GBX 2.27.

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.