IXICO (LON:IXI) Stock Price Up 10.6% – Here’s What Happened

IXICO plc (LON:IXI)’s stock price shot up 10.6% during trading on Monday . The stock traded as high as GBX 12.50 and last traded at GBX 11.94. 121,725 shares were traded during mid-day trading, an increase of 102% from the average session volume of 60,393 shares. The stock had previously closed at GBX 10.80.

IXICO Stock Up 7.0%

The company has a debt-to-equity ratio of 3.32, a quick ratio of 4.90 and a current ratio of 2.85. The stock has a market cap of £10.71 million, a price-to-earnings ratio of -4.96, a price-to-earnings-growth ratio of -0.38 and a beta of 0.86. The business’s 50 day moving average is GBX 11.80 and its 200 day moving average is GBX 11.40.

About IXICO

IXICO is a global leader in neuroscience imaging and biomarker analytics, using its proprietary AI-driven platform to help advance the treatment of neurological disorders and reduce the uncertainties associated with drug discovery, development and monitoring.

By unlocking valuable insights into drug safety and efficacy, IXICO has built a global reputation and 20-year track record as an end-to-end Imaging Contract Research Organisation (iCRO) managing and analysing neurological clinical trials.