Ixico (LON:IXI) Share Price Crosses Below 50-Day Moving Average of $47.79

Ixico Plc (LON:IXI) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $47.79 and traded as low as $48.15. Ixico shares last traded at $48.00, with a volume of 8,700 shares trading hands.

Separately, Shore Capital restated a “buy” rating on shares of Ixico in a research note on Friday, August 9th.

The business has a 50 day simple moving average of GBX 48.11 and a 200 day simple moving average of GBX 34.08. The stock has a market cap of $21.47 million and a PE ratio of -457.70.

About Ixico (LON:IXI)

IXICO plc provides technology enabled services to the biopharmaceutical industry worldwide. The company's technologies include Assessa, a secure online digital platform that provides clinical decision support for patient selection and post-marketing surveillance; and TrialTracker, a platform that delivers imaging services designed to manage the complex imaging workflow from image upload, QC, and reading/analysis to reporting and data transfer.

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