Insig AI (LON:INSG) Trading Down 1.8% – Should You Sell?

Insig AI Plc (LON:INSG)’s stock price dropped 1.8% during mid-day trading on Friday . The stock traded as low as GBX 12.52 ($0.16) and last traded at GBX 13.50 ($0.17). Approximately 345,959 shares were traded during trading, an increase of 35% from the average daily volume of 256,842 shares. The stock had previously closed at GBX 13.75 ($0.17).

Insig AI Price Performance

The stock’s 50 day simple moving average is GBX 13.53 and its 200-day simple moving average is GBX 14.24. The firm has a market cap of £15.90 million, a price-to-earnings ratio of -75.00 and a beta of -0.57. The company has a debt-to-equity ratio of 98.45, a quick ratio of 0.92 and a current ratio of 0.08.

Insider Activity at Insig AI

In other Insig AI news, insider John Wilson acquired 400,000 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The stock was purchased at an average cost of GBX 13 ($0.16) per share, with a total value of £52,000 ($65,187.41). Also, insider Richard Bernstein acquired 350,000 shares of the stock in a transaction that occurred on Thursday, October 10th. The shares were bought at an average cost of GBX 12 ($0.15) per share, with a total value of £42,000 ($52,651.37). Company insiders own 58.22% of the company’s stock.

About Insig AI

Insig AI Plc engages in the provision of data science and machine learning development solutions. The company's ESG disclosure research tool which is used to compare companies against ESG progress with the use of the Group's ESG framework. It offers advisory/consultancy services in the areas of regulatory experience, corporate reporting, ESG investment, and framework and materialty experience; ESG disclosure Data, a centralised library of transparent, tagged, and machine readable ESG data.