Insig AI (LON:INSG) Shares Down 9.5% – Time to Sell?

Shares of Insig AI Plc (LON:INSGGet Free Report) traded down 9.5% on Tuesday . The company traded as low as GBX 21.05 ($0.28) and last traded at GBX 22 ($0.30). 669,242 shares traded hands during trading, an increase of 132% from the average session volume of 288,987 shares. The stock had previously closed at GBX 24.30 ($0.33).

Insig AI Trading Up 2.3%

The company has a debt-to-equity ratio of 96.68, a quick ratio of 0.92 and a current ratio of 0.08. The company has a market cap of £25.90 million, a P/E ratio of -1.38 and a beta of -0.57. The stock has a 50-day moving average of GBX 26.78 and a two-hundred day moving average of GBX 23.69.

Insiders Place Their Bets

In related news, insider Richard Bernstein acquired 375,000 shares of Insig AI stock in a transaction that occurred on Wednesday, July 23rd. The stock was bought at an average price of GBX 20 ($0.27) per share, with a total value of £75,000 ($100,738.75). 58.22% of the stock is currently owned by company insiders.

About Insig AI

(Get Free Report)

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

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