Insig AI (LON:INSG) Trading Up 14.5% – Still a Buy?

Insig AI Plc (LON:INSG) shot up 14.5% during mid-day trading on Friday . The stock traded as high as GBX 23.11 and last traded at GBX 22.90. 128,749 shares were traded during mid-day trading, a decline of 58% from the average session volume of 303,182 shares. The stock had previously closed at GBX 20.

Insig AI Price Performance

The firm has a market cap of £28.62 million, a P/E ratio of -5.60 and a beta of -0.57. The company has a quick ratio of 0.92, a current ratio of 0.08 and a debt-to-equity ratio of 96.68. The business’s 50 day moving average is GBX 24.03 and its two-hundred day moving average is GBX 25.17.

Insig AI (LON:INSG) last posted its quarterly earnings results on Tuesday, December 9th. The company reported GBX (0.95) earnings per share (EPS) for the quarter. Insig AI had a negative return on equity of 185.09% and a negative net margin of 4,307.68%.

Insider Activity at Insig AI

In related news, insider Richard Bernstein purchased 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The stock was acquired at an average price of GBX 22 per share, for a total transaction of £22,000. Also, insider Richard Cooper purchased 50,000 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was bought at an average cost of GBX 23 per share, with a total value of £11,500. 30.54% of the stock is currently owned by corporate 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.