IDE Group (LON:IDE) Shares Down 6.4%

IDE Group Holdings plc (LON:IDEGet Rating)’s share price fell 6.4% during mid-day trading on Monday . The stock traded as low as GBX 1.10 ($0.01) and last traded at GBX 1.10 ($0.01). 128,638 shares traded hands during trading, a decline of 60% from the average session volume of 322,387 shares. The stock had previously closed at GBX 1.18 ($0.01).

The stock has a market capitalization of £5.46 million and a price-to-earnings ratio of -0.28. The company’s 50-day moving average is GBX 1.09 and its 200-day moving average is GBX 1.21. The company has a quick ratio of 0.46, a current ratio of 0.72 and a debt-to-equity ratio of 286.67.

IDE Group Company Profile (LON:IDE)

IDE Group Holdings plc, through its subsidiaries, provides network, hosting, and managed services to public and private companies in the United Kingdom. Its cloud and hosting services include co-location, private and public, hybrid cloud, and cloud migration; network and connectivity service includes cloud connectivity, multi-protocol label switching, local and wide area network, and distributed denial of service protection services; collaboration services comprise hosted telephony and unified communication; managed services include remote infrastructure management, tech bars and on-site resources, field and smart hands, threat protection, and professional services; and device management services comprise procurement, configuration and integration, deployment, management, and retirement services.

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