Insig AI (LON:INSG) Shares Down 6% – Time to Sell?

Insig AI Plc (LON:INSG) fell 6% on Tuesday . The company traded as low as GBX 19.75 and last traded at GBX 19.75. 234,017 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 293,739 shares. The stock had previously closed at GBX 21.

Insig AI Trading Down 9.5%

The stock has a market cap of £23.74 million, a price-to-earnings ratio of -16.52 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 has a 50-day moving average of GBX 23.84 and a 200-day moving average of GBX 25.06.

Insig AI (LON:INSG) last issued its earnings results on Tuesday, December 9th. The company reported GBX (0.95) earnings per share 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 other Insig AI news, insider Richard Bernstein purchased 100,000 shares of the company’s stock in a transaction dated Wednesday, December 10th. The shares were bought 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 business’s stock in a transaction dated Wednesday, December 10th. The shares were acquired at an average price of GBX 23 per share, for a total transaction of £11,500. 30.54% of the stock is currently owned by company insiders.

About Insig AI

Catena Group Plc is an AIM listed data science and machine learning company focused on providing solutions to the asset management industry.