Ebix traded at $0.87 this Tuesday April 9th, increasing $0.06 or 7.45 percent since the previous trading session. Looking back, over the last four weeks, Ebix gained 10.44 percent. Over the last 12 months, its price fell by 94.22 percent. Looking ahead, we forecast Ebix to be priced at 0.85 by the end of this quarter and at 0.80 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ebix, Inc. is an international supplier of on-demand infrastructure exchanges to the insurance, financial, travel, payment remittances and healthcare industries. In the insurance sector, the Company’s focus is to develop and deploy a range of insurance and reinsurance exchanges on an on-demand basis using software-as-a-service (SaaS) enterprise solutions in the areas of customer relationship management (CRM), front-end and back-end systems and outsourced administrative and risk compliance. The Company's products feature software solutions designed insurance and financial industry professionals manage distribution, marketing, sales, customer service and accounting activities. Its EbixCash financial exchange portfolio of software and services encompasses domestic and international money remittance, foreign exchange (Forex), travel, pre-paid gift cards, utility payments, lending, and wealth management in India and other Southeast Asian markets.