(VIANEWS) – Shares of Ebix (NASDAQ: EBIX) rose 9.74% to $27.16 at 12:07 EST on Monday, after two sequential sessions in a row of losses. NASDAQ is rising 0.51% to $14,185.78, following the last session’s downward trend. This seems, up until now, a somewhat bullish trend trading session today.
Ebix’s last close was $24.75, 18.69% under its 52-week high of $30.44.
About Ebix
Ebix, Inc., together with its subsidiaries, provides on-demand infrastructure software exchanges and e-commerce services to the insurance, financial, travel, cash remittance, and healthcare industries in the United States and internationally. The company develops and deploys insurance and reinsurance exchanges on an on-demand basis using software-as-a-service (SaaS) enterprise solutions in the areas of customer relationship management, front-end and back-end systems, and outsourced administrative and risk compliance solutions. Its EbixCash exchange related products and services include gift cards; travel exchanges services; money transfer services; foreign exchange and outward remittance services; consumer payment services; and on-demand technology to various providers in the areas of lending, wealth and asset management, and travel. The company's insurance exchanges related products and services include SaaS platform and related services; licensing of software; and professional services comprising setup, customization, training, or consulting. Its risk compliance services cover certificates of insurance creation and tracking; consulting services, such as project management, integration, development, and testing; and business process outsourcing services, including domain intensive project management, system consulting services, and claims adjudication/settlement services. The company was formerly known as Delphi Systems, Inc. and changed its name to Ebix, Inc. in December 2003. Ebix, Inc. was founded in 1976 and is headquartered in Johns Creek, Georgia.
Earnings Per Share
As for profitability, Ebix has a trailing twelve months EPS of $1.71.
PE Ratio
Ebix has a trailing twelve months price to earnings ratio of 15.88. Meaning, the purchaser of the share is investing $15.88 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.31%.
Volume
Today’s last reported volume for Ebix is 769678 which is 96.07% above its average volume of 392547.
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