Insig AI (LON:INSG) Trading Down 3.1%

Insig AI Plc (LON:INSG) shares dropped 3.1% during mid-day trading on Friday . The stock traded as low as GBX 15.50 ($0.20) and last traded at GBX 15.50 ($0.20). Approximately 145,448 shares changed hands during trading, a decline of 45% from the average daily volume of 266,808 shares. The stock had previously closed at GBX 16 ($0.20).

Insig AI Trading Down 3.1 %

The company has a quick ratio of 0.92, a current ratio of 0.28 and a debt-to-equity ratio of 15.97. The firm’s 50 day simple moving average is GBX 15.12 and its 200-day simple moving average is GBX 16.67. The company has a market capitalization of £17.03 million, a PE ratio of -91.18 and a beta of -0.33.

Insiders Place Their Bets

In other Insig AI news, insider Richard Bernstein acquired 500,000 shares of the firm’s stock in a transaction on Thursday, May 30th. The stock was bought at an average cost of GBX 10 ($0.13) per share, for a total transaction of £50,000 ($63,532.40). 53.01% of the stock is owned by insiders.

Insig AI Company Profile

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.