IndigoVision Group (IND) Hits New 52-Week High on Insider Buying Activity

Shares of IndigoVision Group plc (LON:IND) hit a new 52-week high during trading on Tuesday following insider buying activity. The company traded as high as GBX 186 ($2.43) and last traded at GBX 184 ($2.40), with a volume of 5650 shares. The stock had previously closed at GBX 176.50 ($2.31).

Specifically, insider Max Thowless-Reeves acquired 5,000 shares of the stock in a transaction on Friday, March 8th. The shares were purchased at an average price of GBX 132 ($1.72) per share, for a total transaction of £6,600 ($8,624.07). Also, insider Vikki Macleod acquired 10,000 shares of the stock in a transaction on Friday, May 17th. The shares were bought at an average price of GBX 181 ($2.37) per share, for a total transaction of £18,100 ($23,650.86). In the last quarter, insiders have bought 66,020 shares of company stock worth $9,837,220.

The company has a quick ratio of 1.73, a current ratio of 2.65 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $13.58 million and a P/E ratio of -44.88.

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About IndigoVision Group (LON:IND)

IndigoVision Group plc engages in the design, development, manufacture, and sale of networked video security systems. Its IP video security systems allow full motion video to be transmitted with digital quality and security using local or wide area networks, wireless links, or the Internet. The company provides control center security management software, IP video walls, surveillance keyboards, integration modules, mobile centers, cameras and encoders, network video recorders, and body worn cameras.

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