Intouch Insight (CVE:INX) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Intouch Insight Ltd. (CVE:INX) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.35 and traded as low as C$0.28. Intouch Insight shares last traded at C$0.28, with a volume of 3,616 shares trading hands.

Intouch Insight Stock Performance

The company has a market cap of C$7.29 million, a PE ratio of -7.12 and a beta of 1.24. The company has a debt-to-equity ratio of 43.52, a current ratio of 1.70 and a quick ratio of 1.82. The business has a 50-day moving average of C$0.35 and a 200 day moving average of C$0.31.

Insider Buying and Selling

In other Intouch Insight news, Director Eric Marshall Beutel purchased 862,000 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were acquired at an average cost of C$0.32 per share, for a total transaction of C$275,840.00. Following the completion of the transaction, the director owned 2,333,000 shares of the company’s stock, valued at approximately C$746,560. The trade was a 58.60% increase in their ownership of the stock. Corporate insiders own 28.18% of the company’s stock.

About Intouch Insight

Intouch Insight Ltd. provides customer experience management products and software solutions in Canada, the United States, and internationally. The company’s solutions and services allow its clients to measure, monitor, and improve the delivery of their brand across multiple locations and/or large geographical areas, including mystery shopping, audits, merchandising, sampling, customer capture, and store re-branding; and Software as a Service products comprising forms and checklist automation, customer satisfaction surveys, and data aggregation, analysis, and reporting.