Intellinetics (OTCMKTS:INLXD) Trading Down 1.8% – Here’s What Happened

Intellinetics (OTCMKTS:INLXDGet Free Report) fell 1.8% during mid-day trading on Tuesday . The company traded as low as $5.25 and last traded at $5.40. 4,779 shares were traded during mid-day trading, an increase of 1,403% from the average session volume of 318 shares. The stock had previously closed at $5.50.

Intellinetics Stock Performance

The stock has a market capitalization of $2.09 million, a price-to-earnings ratio of -0.90 and a beta of 0.22. The business has a 50-day moving average of $6.78 and a 200-day moving average of $7.54.

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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