Insig AI (LON:INSG) Trading Down 12.4% – What’s Next?

Shares of Insig AI Plc (LON:INSG) fell 12.4% during trading on Thursday . The company traded as low as GBX 9 and last traded at GBX 9.20. 1,436,829 shares were traded during trading, an increase of 352% from the average daily volume of 318,005 shares. The stock had previously closed at GBX 10.50.

Insig AI Stock Performance

The company has a market capitalization of £11.95 million, a price-to-earnings ratio of -8.00 and a beta of -0.57. The company has a debt-to-equity ratio of -90.25, a current ratio of 0.08 and a quick ratio of 0.92. The stock has a 50 day simple moving average of GBX 13.16 and a two-hundred day simple moving average of GBX 14.15.

Insig AI (LON:INSG) last released its quarterly earnings data on Thursday, September 17th. The company reported GBX (1.51) earnings per share (EPS) for the quarter. Insig AI had a positive return on equity of 240.59% and a negative net margin of 525.23%.

Insider Transactions at Insig AI

In other Insig AI news, insider Richard Bernstein purchased 150,000 shares of the stock in a transaction that occurred on Tuesday, July 7th. The stock was purchased at an average cost of GBX 14 per share, with a total value of £21,000. 27.42% of the stock is owned by company insiders.

Insig AI Company Profile

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