Canaccord Genuity reissued their buy rating on shares of Ideagen (LON:IDEA) in a report issued on Wednesday morning, Digital Look reports. They currently have a GBX 180 ($2.35) target price on the stock.
Separately, FinnCap reiterated a corporate rating on shares of Ideagen in a report on Friday, October 11th.
Shares of IDEA stock remained flat at $GBX 152 ($1.99) during trading on Wednesday. 119,495 shares of the stock traded hands, compared to its average volume of 93,247. The company has a market capitalization of $343.76 million and a price-to-earnings ratio of 253.33. The company has a debt-to-equity ratio of 10.18, a current ratio of 0.69 and a quick ratio of 0.61. The firm’s 50-day moving average price is GBX 148.79 and its two-hundred day moving average price is GBX 145.32. Ideagen has a 1 year low of GBX 41 ($0.54) and a 1 year high of GBX 160.45 ($2.10).
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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