Intellinetics (OTCMKTS:INLXD) Shares Down 2% – Here’s What Happened

Intellinetics (OTCMKTS:INLXD – Get Free Report)’s share price traded down 2% during mid-day trading on Monday. The company traded as low as $5.05 and last traded at $5.05. Approximately 1,829 shares were traded during trading, an increase of 475% from the average daily volume of 318 shares. The stock had previously closed at $5.1525.

Intellinetics Trading Down 2.0%

The company has a market cap of $1.95 million, a P/E ratio of -0.84 and a beta of 0.22. The firm’s fifty day moving average price is $5.35 and its 200-day moving average price is $6.15.

Intellinetics Company Profile

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Intellinetics, Inc is a software and technology company that provides document management, content management and workflow automation solutions. Its offerings are designed to help organizations digitize paper-based records, organize business content, automate routine processes and improve the security, accessibility and retention of documents.

The company’s solutions include cloud-based document management and workflow tools, along with services for document scanning, data capture, records management and implementation.

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