VIQ Solutions (TSE:VQS) Shares Down 10.9% – Time to Sell?

VIQ Solutions Inc. (TSE:VQS) was down 10.9% during trading on Wednesday . The stock traded as low as C$0.21 and last traded at C$0.21. Approximately 5,030 shares traded hands during trading, a decline of 87% from the average daily volume of 39,089 shares. The stock had previously closed at C$0.23.

VIQ Solutions Price Performance

The stock has a market cap of C$12.13 million, a P/E ratio of -0.44, a price-to-earnings-growth ratio of -0.01 and a beta of -0.10. The company has a quick ratio of 0.91, a current ratio of 0.35 and a debt-to-equity ratio of 318.21. The business’s 50-day simple moving average is C$0.22 and its two-hundred day simple moving average is C$0.22.

VIQ Solutions (TSE:VQS) last announced its quarterly earnings results on Monday, August 12th. The company reported C($0.02) earnings per share for the quarter. VIQ Solutions had a negative net margin of 23.18% and a negative return on equity of 119.44%. The company had revenue of C$15.84 million during the quarter. Sell-side analysts expect that VIQ Solutions Inc. will post -0.3216216 EPS for the current year.

VIQ Solutions Company Profile

VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United States, the United Kingdom, Canada, and internationally. It operates through Technology and Related Revenue, and Technology Services segments.