Insig AI (LON:INSG) Trading Down 6.2% – What’s Next?

by · The Markets Daily

Insig AI Plc (LON:INSG – Get Free Report)’s stock price was down 6.2% on Wednesday . The company traded as low as GBX 16.33 ($0.21) and last traded at GBX 16.33 ($0.21). Approximately 483,011 shares were traded during trading, an increase of 77% from the average daily volume of 273,256 shares. The stock had previously closed at GBX 17.40 ($0.23).

Insig AI Stock Performance

The stock’s 50 day moving average price is GBX 13.12 and its 200 day moving average price is GBX 14.56. The company has a current ratio of 0.08, a quick ratio of 0.92 and a debt-to-equity ratio of 98.45. The firm has a market cap of £18.84 million, a PE ratio of -88.89 and a beta of -0.57.

Insider Activity

In other Insig AI news, insider Richard Bernstein bought 350,000 shares of the business’s stock in a transaction dated Thursday, October 10th. The shares were acquired at an average price of GBX 12 ($0.16) per share, with a total value of £42,000 ($54,531.29). In related news, insider Richard Bernstein acquired 350,000 shares of the firm’s stock in a transaction on Thursday, October 10th. The stock was bought at an average cost of GBX 12 ($0.16) per share, with a total value of £42,000 ($54,531.29). Also, insider John Wilson acquired 400,000 shares of the firm’s stock in a transaction on Thursday, September 5th. The shares were bought at an average cost of GBX 13 ($0.17) per share, with a total value of £52,000 ($67,514.93). In the last 90 days, insiders have acquired 950,000 shares of company stock valued at $12,200,000. Company insiders own 58.22% of the company’s stock.

Insig AI Company Profile

(Get Free Report)

Insig AI Plc engages in the provision of data science and machine learning development solutions. The company's ESG disclosure research tool which is used to compare companies against ESG progress with the use of the Group's ESG framework. It offers advisory/consultancy services in the areas of regulatory experience, corporate reporting, ESG investment, and framework and materialty experience; ESG disclosure Data, a centralised library of transparent, tagged, and machine readable ESG data.

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