VIQ Solutions Inc. (VQS.V) (CVE:VQS) Stock Price Down 18.2% – Here’s What Happened

VIQ Solutions Inc. (VQS.V) (CVE:VQS) shares dropped 18.2% during trading on Tuesday . The stock traded as low as C$0.08 and last traded at C$0.09. Approximately 114,465 shares changed hands during trading, an increase of 168% from the average daily volume of 42,680 shares. The stock had previously closed at C$0.11.

VIQ Solutions Inc. (VQS.V) Trading Down 18.2%

The firm has a market capitalization of C$6.34 million, a price-to-earnings ratio of -0.36, a P/E/G ratio of -0.62 and a beta of 1.22. The company has a debt-to-equity ratio of 179.34, a current ratio of 0.87 and a quick ratio of 0.84. The firm’s 50-day simple moving average is C$0.09 and its 200 day simple moving average is C$0.15.

About VIQ Solutions Inc. (VQS.V)

VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United States, the United Kingdom, Canada, and internationally. It operates in two segments, Technology and Transcription. The Technology segment develops, distributes, and licenses computer-based digital solutions based on its technology. The Transcription segment provides recording and transcription services. The company's software captures digital content from audio/video source, and provides online collaboration, mobility, data analytics, and integration with sensors, facial recognition, speech recognition, and case management or patient record systems.