Is Selling Image Scan Holdings Plc Here a Winning Strategy?

 Is Selling Image Scan Holdings Plc Here a Winning Strategy?

The stock of Image Scan Holdings Plc (LON:IGE) is a huge mover today! The stock decreased 2.00% or GBX 0.12 on November 10, hitting GBX 6. About 170,000 shares traded hands. Image Scan Holdings Plc (LON:IGE) has risen 226.67% since April 11, 2016 and is uptrending. It has outperformed by 221.02% the S&P500.
The move comes after 5 months negative chart setup for the GBX 7.51 million company. It was reported on Nov, 10 by Barchart.com. We have GBX 5.28 PT which if reached, will make LON:IGE worth GBX 901,200 less.

More news for Image Scan Holdings Plc (LON:IGE) were recently published by: Uk.Finance.Yahoo.com, which released: “Image Scan Holdings plc (IGE.L)” on March 18, 2014. Prnewswire.com‘s article titled: “Air Cargo Security & Screening Systems Market Forecast 2014-2024” and published on July 15, 2014 is yet another important article.

Image Scan Holdings plc is a United Kingdom firm that focused on the development and commercialization of x-ray solutions for use in the security and industrial inspection markets. The company has a market cap of 7.51 million GBP. The Firm is engaged in the design, build and supply x-ray security screening systems to Governments, security organizations and law enforcement agencies, and of image acquisition systems for non-destructive testing to commercial organizations across the world. It currently has negative earnings. The Company’s security portfolio includes the range of baggage inspection systems; the FlatScan range of portable bomb and suspect package detection systems, and small vehicle x-ray inspection system .

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