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

Berenberg Bank reiterated their buy rating on shares of IDOX (LON:IDOX) in a research report report published on Tuesday, Marketbeat Ratings reports. Berenberg Bank currently has a GBX 81 ($1.01) price objective on the stock.

IDOX Stock Performance

IDOX stock opened at GBX 64 ($0.79) on Tuesday. 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 company has a debt-to-equity ratio of 35.05, a quick ratio of 1.00 and a current ratio of 0.92. The stock has a market cap of £294.52 million, a P/E ratio of 6,400.00, a price-to-earnings-growth ratio of 3.15 and a beta of 0.38. The firm’s fifty day moving average price is GBX 62.82 and its 200-day moving average price is GBX 61.53.

IDOX (LON:IDOX) last issued its quarterly earnings results 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%. On average, equities research analysts expect that IDOX will post 2.7173913 earnings per share for the current fiscal year.

About IDOX

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.