AnalytixInsight (CVE:ALY) Shares Down 14.3% – Here’s What Happened

AnalytixInsight Inc. (CVE:ALY) shares dropped 14.3% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.03. Approximately 186,200 shares changed hands during trading, an increase of 139% from the average daily volume of 77,805 shares. The stock had previously closed at C$0.04.

AnalytixInsight Stock Down 28.6%

The stock’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The firm has a market capitalization of C$3.04 million, a price-to-earnings ratio of -1.85 and a beta of -0.46.

About AnalytixInsight

AnalytixInsight Inc operates as a data analytics and enterprise software solutions provider to worldwide institutions across various industries. It develops and markets cloud-based platforms, providing financial content, stock trading, and research solutions for banks, brokers, and investors in the financial services industry. The company holds a 49% interest in Marketwall SRL, a developer of FinTech solutions for financial institutions. In addition, it offers financial research and content for investors, information providers, finance portals, and media through its online portals and Connect platform; and system integration services for the workforce management industry.