IBEX Appoints New President for Digital Division, Strengthens Financial Position Amid Modest Overvaluation

IBEX appoints Michael Darwal as President of its Digital Division, where he will oversee digital marketing and customer engagement solutions. The company has demonstrated robust financial health with 19.8% YoY revenue growth and a net margin of 6.93%. However, the Altman Z-Score and insider activity indicate potential warning signs. IBEX's valuation metrics suggest a modestly overvalued position, and the target price is $30.50 with a hold recommendation. Market sentiment is neutral, with a positive trend in moving averages.