IDOX (LON:IDOX) Announces Quarterly Earnings Results

IDOX (LON:IDOX) released its quarterly earnings results on Tuesday. The company reported GBX 2.63 ($0.03) earnings per share for the quarter, Digital Look Earnings reports. IDOX had a net margin of 6.82% and a return on equity of 7.62%.

IDOX Price Performance

IDOX stock traded down GBX 0.59 ($0.01) during midday trading on Thursday, reaching GBX 62.21 ($0.77). The company had a trading volume of 223,381 shares, compared to its average volume of 346,741. The firm has a 50-day moving average price of GBX 62.81 and a 200-day moving average price of GBX 61.52. The company has a market capitalization of £286.27 million, a P/E ratio of 6,220.80, a P/E/G ratio of 3.15 and a beta of 0.38. IDOX has a 1 year low of GBX 53.31 ($0.66) and a 1 year high of GBX 69 ($0.86). The company has a debt-to-equity ratio of 35.05, a current ratio of 0.92 and a quick ratio of 1.00.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 81 ($1.01) target price on shares of IDOX in a research note on Tuesday.

IDOX Company Profile

IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through three segments: Land, Property & Public Protection; Communities; and Assets.