AirIQ (CVE:IQ) Trading Down 7.4% – Here’s Why

Shares of AirIQ Inc. (CVE:IQGet Free Report) were down 7.4% on Friday . The stock traded as low as C$0.49 and last traded at C$0.50. Approximately 27,500 shares were traded during mid-day trading, an increase of 146% from the average daily volume of 11,175 shares. The stock had previously closed at C$0.54.

AirIQ Stock Performance

The stock has a market cap of C$14.77 million, a P/E ratio of 50.00 and a beta of 0.31. The business has a 50 day simple moving average of C$0.52 and a 200-day simple moving average of C$0.52.

AirIQ Company Profile

(Get Free Report)

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. In addition, the company offers its services through online or a mobile app, including instant vehicle locating, boundary notification, automated inventory reports, maintenance reminders, security alerts, and vehicle disabling and unauthorized movement alerts.

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