Insig AI (LON:INSG) Trading Down 12.4%

Insig AI Plc (LON:INSG) shares traded down 12.4% during trading on Wednesday . The stock traded as low as GBX 14 ($0.18) and last traded at GBX 14.02 ($0.18). 118,848 shares traded hands during mid-day trading, an increase of 30% from the average session volume of 91,313 shares. The stock had previously closed at GBX 16 ($0.20).

Insig AI Stock Performance

The firm’s 50-day moving average price is GBX 16.75 and its two-hundred day moving average price is GBX 17.42. The company has a quick ratio of 0.92, a current ratio of 0.28 and a debt-to-equity ratio of 15.97. The firm has a market capitalization of £15.44 million, a PE ratio of -82.47 and a beta of -0.34.

Insider Activity at Insig AI

In other Insig AI news, insider Richard Bernstein acquired 100,000 shares of the firm’s stock in a transaction on Tuesday, April 16th. The stock was purchased at an average cost of GBX 14 ($0.18) per share, for a total transaction of £14,000 ($17,587.94). 52.80% of the stock is owned by insiders.

Insig AI Company Profile

Insig AI Plc engages in the provision of data science and machine learning development solutions. The company's ESG disclosure research tool which is used to compare companies against ESG progress with the use of the Group's ESG framework. It offers advisory/consultancy services in the areas of regulatory experience, corporate reporting, ESG investment, and framework and materialty experience; ESG disclosure Data, a centralised library of transparent, tagged, and machine readable ESG data.