Insig AI (LON:INSG) Trading 8.8% Higher – Here’s What Happened

Insig AI Plc (LON:INSGGet Free Report) shares traded up 8.8% during trading on Thursday . The stock traded as high as GBX 23.40 ($0.32) and last traded at GBX 23.40 ($0.32). 124,159 shares were traded during mid-day trading, a decline of 57% from the average session volume of 286,310 shares. The stock had previously closed at GBX 21.50 ($0.29).

Insig AI Stock Up 19.5%

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 company has a 50 day simple moving average of GBX 26.51 and a two-hundred day simple moving average of GBX 23.66. The company has a market capitalization of £30.26 million, a P/E ratio of -1.62 and a beta of -0.57.

Insiders Place Their Bets

In related news, insider Richard Bernstein purchased 375,000 shares of the stock in a transaction that occurred on Wednesday, July 23rd. The stock was bought at an average cost of GBX 20 ($0.27) per share, for a total transaction of £75,000 ($101,846.82). Insiders own 58.22% of the company’s stock.

Insig AI Company Profile

(Get Free Report)

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

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