AirIQ (CVE:IQ) Stock Price Up 3% – Here’s Why

AirIQ Inc. (CVE:IQ) shares shot up 3% during mid-day trading on Wednesday . The company traded as high as C$0.34 and last traded at C$0.34. 11,500 shares traded hands during trading, a decline of 52% from the average session volume of 23,969 shares. The stock had previously closed at C$0.33.

AirIQ Trading Down 1.5 %

The firm’s fifty day moving average price is C$0.34 and its 200-day moving average price is C$0.39. The company has a market cap of C$9.89 million, a price-to-earnings ratio of 20.77 and a beta of 0.43.

AirIQ Company Profile

AirIQ Inc provides wireless asset management and location services in Canada. The company also develops and operates telematics asset management system by digitized mapping, wireless communications, internet, and the global positioning system. Its web-based platform provides fleet operators and vehicle owners with a suite of asset management solutions to monitor, manage, and protect their assets.