AnalytixInsight (CVE:ALY) Shares Down 20% – Here’s What Happened

AnalytixInsight Inc. (CVE:ALY)’s stock price dropped 20% during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 140,000 shares changed hands during trading, an increase of 80% from the average daily volume of 77,805 shares. The stock had previously closed at C$0.03.

AnalytixInsight Stock Down 20.0%

The firm has a 50-day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The company has a market cap of C$2.43 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.