FinnCap reissued their corporate rating on shares of Ideagen (LON:IDEA) in a report released on Friday morning, ThisIsMoney.Co.Uk reports.
Separately, Canaccord Genuity lifted their price target on shares of Ideagen from GBX 170 ($2.22) to GBX 180 ($2.35) and gave the stock a buy rating in a research note on Wednesday, July 17th.
Shares of IDEA traded down GBX 1.50 ($0.02) during midday trading on Friday, reaching GBX 147 ($1.92). The stock had a trading volume of 72,682 shares, compared to its average volume of 93,247. Ideagen has a 1-year low of GBX 41 ($0.54) and a 1-year high of GBX 166.24 ($2.17). The company’s fifty day simple moving average is GBX 147.53 and its two-hundred day simple moving average is GBX 145.24. The company has a market cap of $329.84 million and a price-to-earnings ratio of 245.00. The company has a debt-to-equity ratio of 10.18, a current ratio of 0.69 and a quick ratio of 0.69.
The firm also recently disclosed a dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Thursday, November 7th will be given a dividend of GBX 0.19 ($0.00) per share. This is an increase from Ideagen’s previous dividend of $0.09. This represents a yield of 0.13%. The ex-dividend date is Thursday, November 7th.
In other news, insider Ben Dorks sold 650,000 shares of Ideagen stock in a transaction dated Monday, September 16th. The shares were sold at an average price of GBX 148 ($1.93), for a total value of £962,000 ($1,257,023.39).
Ideagen plc develops and supplies information management software in the United Kingdom, the United States, Bulgaria, Malaysia, and the Middle East. Its governance, risk and compliance (GRC) management solutions comprise Q-Pulse QMS, an electronic quality management system; Q-Pulse PM, a product management software; Pentana Audit, an audit automation application; Pentana Disclose, a financial disclosure checklist software; Pentana Performance, a cloud-based performance and risk management software; Coruson, an enterprise cloud safety management software; and PleaseReview, a document review, co-authoring, and redaction software.
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