Ideagen (LON:IDEA) Stock Passes Above 50 Day Moving Average – Here’s Why

Ideagen plc (LON:IDEA) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 349 ($4.40) and traded as high as GBX 350.21 ($4.41). Ideagen shares last traded at GBX 349 ($4.40), with a volume of 2,577,744 shares.

Ideagen Price Performance

The company’s 50 day moving average is GBX 349 and its 200 day moving average is GBX 349. The company has a market cap of £1.03 billion and a PE ratio of 17,450.00. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 40.85.

About Ideagen

Ideagen plc develops and sells information management software in the United Kingdom, the United States, Europe, and internationally. Its governance, risk, and compliance (GRC) solutions include Q-Pulse QMS, a quality management software; Q-Pulse PM, a product management software; Q-Pulse Law, an EHS legal compliance software; Q-Pulse WorkRite, a health and safety management system; Pentana Audit, an audit automation software; Pentana Disclose, a financial disclosure checklist software; Pentana Compliance, an accountability and competency compliance software; and Pentana Risk, a cloud-based performance and risk management software.