IDOX plc (LON:IDOX – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 63.88 ($0.79) and traded as low as GBX 61.20 ($0.76). IDOX shares last traded at GBX 62 ($0.77), with a volume of 575,521 shares changing hands.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 80 ($0.99) price objective on shares of IDOX in a report on Tuesday, March 12th.
Read Our Latest Research Report on IDOX
IDOX Stock Up 3.2 %
IDOX Increases Dividend
The firm also recently disclosed a dividend, which was paid on Friday, April 12th. Stockholders of record on Thursday, March 28th were issued a GBX 0.60 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, March 28th. This is an increase from IDOX’s previous dividend of $0.50. This represents a dividend yield of 0.91%. IDOX’s dividend payout ratio (DPR) is 10,000.00%.
Insider Buying and Selling
In related news, insider David Meaden sold 294,000 shares of the business’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of GBX 63 ($0.78), for a total transaction of £185,220 ($228,779.64). 5.89% of the stock is owned by corporate insiders.
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.
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