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Ebix Inc (NASDAQ:EBIX) has been downgraded to Sell in a statement by BidaskClub earlier today.

BidaskClub has downgraded Ebix Inc (NASDAQ:EBIX) to Sell in a statement released on 07/08/2017.

Boasting a price of $54.05, Ebix Inc (NASDAQ:EBIX) traded -2.07% lower on the day. With the last stock price close down -2.40% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Ebix Inc has recorded a 50-day average of $56.26 and a two hundred day average of $58.19. Volume of trade was down over the average, with 204,864 shares of EBIX changing hands under the typical 221,719

Performance Chart

Ebix Inc (NASDAQ:EBIX)

With a total market value of $0, Ebix Inc has price-earnings ratio of 18.50 with a one year low of $52.38 and a one year high of $65.10 .

Brief Synopsis About Ebix Inc (NASDAQ:EBIX)

Ebix, Inc. (Ebix) is a supplier of software and e-commerce solutions to the insurance industry. Ebix provides application software products for the insurance industry, including carrier systems, agency systems and exchanges, as well as custom software development. Ebix conducts its operations through four channels, which include Exchanges, Carrier Systems, Broker Systems and Risk Compliance Solutions (RCS). Ebix operates data exchanges in the areas of life insurance, annuities, employee health benefits, risk management, workers compensation, and property and casualty (P&C) insurance. Ebix designs and deploys back-end systems for P&C insurance brokers across the world. Ebix also designs and deploys on-demand and back-end systems for P&C insurance companies. Ebix focus in RCS channel pertains to business process outsourcing services that include providing project management, time and material consulting to clients across the world, and claims adjudication/settlement services.

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