Image Scan Holdings (IGE)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 1.20p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.35
  • 52 Week Low: 1.10
  • Currency: UK Pounds
  • Shares Issued: 136.85m
  • Volume: 28,000
  • Market Cap: £1.64m
  • RiskGrade: 320

Image Scan rises as it launches new x-ray system

By Josh White

Date: Monday 12 Oct 2020

LONDON (ShareCast) - (Sharecast News) - Security and industrial inspection x-ray company Image Scan announced the market launch of the 'AXIS-CXi' on Monday, which it described as a cabinet x-ray system for use in mailrooms and a range of other security screening environments.

The AIM-traded firm said the AXIS-CXi uses the dual energy xray technology deployed in airport security and in Image Scan's portable x-ray systems to separate different classes of material.

It claimed it was the first time such technology was used in a cabinet x-ray format.

In addition, the system featured a large chamber and "improved" x-ray performance, which the board said made it suitable for use beyond mailrooms.

It said potential additional opportunities included government and commercial buildings, prisons, and customs.

"With outstanding support from our staff and our partners, we have continued to drive our new product development projects forward through the Covid-19 pandemic," said chairman and chief executive officer Bill Mawer.

"It is, therefore, a moment of pride for the whole organisation to launch such an exciting new product at this time.

"The new system is important for us, expanding our sources of income and, as units are installed around the world, increasing our recurring support revenue."

At 1355 BST, shares in Image Scan were up 6.12% at 2.6p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

IGE Market Data

Currency UK Pounds
Share Price 1.20p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.35
52 Week Low 1.10
Volume 28,000
Shares Issued 136.85m
Market Cap £1.64m
RiskGrade 320

IGE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.37% above the market average67.37% above the market average67.37% above the market average67.37% above the market average67.37% above the market average
94.12% above the sector average94.12% above the sector average94.12% above the sector average94.12% above the sector average94.12% above the sector average
Price Trend
73.07% below the market average73.07% below the market average73.07% below the market average73.07% below the market average73.07% below the market average
58.97% below the sector average58.97% below the sector average58.97% below the sector average58.97% below the sector average58.97% below the sector average
Income Not Available
Growth
3.12% below the market average3.12% below the market average3.12% below the market average3.12% below the market average3.12% below the market average
17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average

IGE Dividends

No dividends found

Trades for 19-Apr-2024

Time Volume / Share Price
10:58 19,000 @ 1.28p
10:56 9,000 @ 1.28p

IGE Key Personnel

CEO Vincent James Deery

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