Intellinetics (OTCMKTS:INLXD) Stock Price Down 0.4% – Here’s What Happened

Intellinetics (OTCMKTS:INLXDGet Free Report)’s stock price fell 0.4% during mid-day trading on Monday . The stock traded as low as $8.01 and last traded at $8.13. 2,412 shares traded hands during mid-day trading, an increase of 658% from the average session volume of 318 shares. The stock had previously closed at $8.1612.

Intellinetics Stock Performance

The company has a market capitalization of $3.15 million, a PE ratio of -1.36 and a beta of 0.22. The firm’s 50-day simple moving average is $9.41 and its 200 day simple moving average is $10.98.

About Intellinetics

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Intellinetics, Inc is a Houston, Texas–based provider of enterprise content management (ECM) and document workflow solutions. The company’s flagship software platform, DocSafe, offers secure document capture, indexing, storage and retrieval capabilities, enabling organizations to automate paper-intensive processes and improve information governance. Intellinetics’ product suite supports on-premise, cloud and hybrid deployments and integrates with multifunction printers, email systems and business applications to streamline data entry and document distribution.

Serving a diverse customer base that includes government agencies, healthcare providers, legal firms and commercial enterprises, Intellinetics focuses on industries with stringent compliance and record-keeping requirements.

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