IBEX Limited (NASDAQ:IBEX – Get Free Report) Director Group International L. Resource sold 2,011 shares of IBEX stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $20.00, for a total transaction of $40,220.00. Following the completion of the transaction, the director now directly owns 5,348,432 shares in the company, valued at approximately $106,968,640. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
IBEX Stock Down 0.3 %
IBEX stock traded down $0.06 during mid-day trading on Friday, reaching $19.55. The company’s stock had a trading volume of 96,415 shares, compared to its average volume of 66,191. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.53 and a current ratio of 2.53. IBEX Limited has a 12 month low of $13.00 and a 12 month high of $20.56. The business’s 50 day simple moving average is $18.69 and its 200 day simple moving average is $16.76. The company has a market capitalization of $327.76 million, a price-to-earnings ratio of 10.69 and a beta of 0.76.
IBEX (NASDAQ:IBEX – Get Free Report) last announced its quarterly earnings data on Thursday, September 12th. The company reported $0.54 earnings per share for the quarter. IBEX had a return on equity of 22.04% and a net margin of 6.62%. The company had revenue of $124.53 million during the quarter.
Institutional Inflows and Outflows
Analyst Ratings Changes
Several equities research analysts recently commented on IBEX shares. Robert W. Baird boosted their price objective on shares of IBEX from $23.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday. Royal Bank of Canada upped their price objective on IBEX from $18.00 to $20.00 and gave the stock a “sector perform” rating in a research report on Friday, September 13th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, IBEX currently has a consensus rating of “Moderate Buy” and an average price target of $21.25.
Get Our Latest Stock Analysis on IBEX
About IBEX
IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company products and services portfolio includes ibex Connect, that offers customer service, technical support, revenue generation, and other revenue generation outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that comprises digital marketing, e-commerce technology, and platform solutions; and ibex CX, a customer experience solution, which provides a suite of proprietary software tools to measure, monitor, and manage its clients' customer experience.
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