IDOX’s (IDOX) Buy Rating Reiterated at Berenberg Bank

IDOX (LON:IDOX)‘s stock had its “buy” rating restated by Berenberg Bank in a research report issued on Tuesday,Digital Look reports. They presently have a GBX 81 ($1.01) price objective on the stock. Berenberg Bank’s price target points to a potential upside of 26.56% from the stock’s previous close.

IDOX Trading Up 1.3 %

LON IDOX traded up GBX 0.80 ($0.01) on Tuesday, reaching GBX 64 ($0.80). The company had a trading volume of 694,462 shares, compared to its average volume of 363,725. The firm has a market cap of £294.52 million, a price-to-earnings ratio of 6,400.00, a P/E/G ratio of 3.15 and a beta of 0.38. The company has a debt-to-equity ratio of 35.05, a current ratio of 0.92 and a quick ratio of 1.00. IDOX has a fifty-two week low of GBX 53.31 ($0.66) and a fifty-two week high of GBX 69 ($0.86). The business has a 50 day moving average of GBX 62.81 and a two-hundred day moving average of GBX 61.47.

IDOX (LON:IDOX) last issued its quarterly earnings data on Tuesday, January 28th. The company reported GBX 2.63 ($0.03) earnings per share (EPS) for the quarter. IDOX had a return on equity of 7.62% and a net margin of 6.82%. Analysts forecast that IDOX will post 2.7173913 EPS for the current year.

IDOX Company Profile

IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through three segments: Land, Property & Public Protection; Communities; and Assets.