Insig AI (LON:INSG) Stock Price Up 2.7% – What’s Next?

Shares of Insig AI Plc (LON:INSG) were up 2.7% during trading on Wednesday . The stock traded as high as GBX 17.30 and last traded at GBX 17.20. Approximately 188,735 shares changed hands during trading, a decline of 62% from the average daily volume of 492,266 shares. The stock had previously closed at GBX 16.75.

Insig AI Stock Up 2.7%

The company has a debt-to-equity ratio of 96.68, a quick ratio of 0.92 and a current ratio of 0.08. The stock’s 50 day simple moving average is GBX 19.44 and its 200 day simple moving average is GBX 23.48. The firm has a market cap of £21.49 million, a P/E ratio of -14.96 and a beta of -0.57.

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

Insider Transactions at Insig AI

In other news, insider Richard Cooper bought 50,000 shares of the stock in a transaction on Wednesday, December 10th. The shares were acquired at an average cost of GBX 23 per share, for a total transaction of £11,500. Also, insider Richard Bernstein acquired 58,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The shares were acquired at an average cost of GBX 20 per share, with a total value of £11,600. Insiders purchased a total of 342,120 shares of company stock worth $6,958,280 over the last 90 days. 30.81% of the stock is currently owned by company 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.