Insig AI (LON:INSG) Trading Down 9% – Should You Sell?

Insig AI Plc (LON:INSG)’s stock price was down 9% during trading on Wednesday . The stock traded as low as GBX 16.11 ($0.20) and last traded at GBX 16.16 ($0.20). Approximately 232,258 shares traded hands during mid-day trading, an increase of 100% from the average daily volume of 116,024 shares. The stock had previously closed at GBX 17.75 ($0.22).

Insig AI Price Performance

The company has a debt-to-equity ratio of 98.45, a current ratio of 0.08 and a quick ratio of 0.92. The company has a 50-day moving average price of GBX 14.59 and a two-hundred day moving average price of GBX 14.29. The company has a market cap of £19.72 million, a PE ratio of -93.06 and a beta of -0.57.

Insider Activity at Insig AI

In other Insig AI news, insider Richard Bernstein purchased 350,000 shares of the firm’s stock in a transaction dated Thursday, October 10th. The stock was acquired at an average cost of GBX 12 ($0.15) per share, with a total value of £42,000 ($52,395.21). 58.22% of the stock is currently owned by company insiders.

Insig AI Company Profile

Catena Group Plc is an AIM listed data science and machine learning company focused on providing solutions to the asset management industry.