Ideagen (LON:IDEA) Stock Crosses Below Fifty Day Moving Average of $144.87

Ideagen PLC (LON:IDEA) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $144.87 and traded as low as $147.00. Ideagen shares last traded at $147.50, with a volume of 103,784 shares trading hands.

A number of research analysts have weighed in on IDEA shares. Canaccord Genuity lifted their price target on shares of Ideagen from GBX 170 ($2.22) to GBX 180 ($2.35) and gave the company a “buy” rating in a research note on Wednesday, July 17th. FinnCap restated a “corporate” rating on shares of Ideagen in a report on Wednesday, July 17th.

The company has a market capitalization of $326.41 million and a P/E ratio of 247.50. The business has a fifty day moving average price of GBX 144.95 and a 200 day moving average price of GBX 143.03. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 10.18.

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

Ideagen Company Profile (LON:IDEA)

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.

Featured Story: Real Estate Investment Trust (REIT) ETF

Receive News & Ratings for Ideagen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ideagen and related companies with MarketBeat.com's FREE daily email newsletter.