FinnCap Reiterates Corporate Rating for Ideagen (LON:IDEA)

FinnCap reiterated their corporate rating on shares of Ideagen (LON:IDEA) in a report issued on Wednesday, ThisIsMoney.Co.Uk reports.

Separately, Canaccord Genuity reissued a buy rating and issued a GBX 285 ($3.72) price target on shares of in a research report on Thursday, June 6th.

LON IDEA opened at GBX 145.50 ($1.90) on Wednesday. The company has a fifty day simple moving average of GBX 146.16. Ideagen has a 12-month low of GBX 41 ($0.54) and a 12-month high of GBX 175 ($2.29). The company has a debt-to-equity ratio of 10.12, a current ratio of 0.64 and a quick ratio of 0.64.

The firm also recently declared a dividend, which will be paid on Tuesday, November 26th. Investors of record on Thursday, November 7th will be given a GBX 0.19 ($0.00) dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a yield of 0.13%. This is an increase from Ideagen’s previous dividend of $0.09.

About Ideagen

Ideagen plc develops and supplies information management software in the United Kingdom, the United States, Bulgaria, Malaysia, and the Middle East. Its governance, risk and compliance (GRC) management solutions comprise Q-Pulse QMS, an electronic quality management system; Q-Pulse PM, a product management software; Pentana Audit, an audit automation application; Pentana Disclose, a financial disclosure checklist software; Pentana Performance, a cloud-based performance and risk management software; Coruson, an enterprise cloud safety management software; and PleaseReview, a document review, co-authoring, and redaction software.

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