Intouch Insight (CVE:INX) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Intouch Insight Ltd. (CVE:INX) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.34 and traded as low as C$0.33. Intouch Insight shares last traded at C$0.33, with a volume of 2,564 shares trading hands.

Intouch Insight Stock Performance

The company has a quick ratio of 1.82, a current ratio of 1.70 and a debt-to-equity ratio of 43.52. The company has a market cap of C$8.44 million, a P/E ratio of -8.25 and a beta of 1.04. The business has a 50-day moving average price of C$0.34 and a two-hundred day moving average price of C$0.30.

Insider Activity

In other Intouch Insight news, Director Eric Marshall Beutel purchased 862,000 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was bought at an average price of C$0.32 per share, for a total transaction of C$275,840.00. Following the transaction, the director directly owned 2,333,000 shares in the company, valued at C$746,560. This represents a 58.60% increase in their ownership of the stock. Company insiders own 28.18% of the company’s stock.

About Intouch Insight

Intouch Insight Ltd. provides customer experience management products and software solutions in Canada, the United States, and internationally. The company’s solutions and services allow its clients to measure, monitor, and improve the delivery of their brand across multiple locations and/or large geographical areas, including mystery shopping, audits, merchandising, sampling, customer capture, and store re-branding; and Software as a Service products comprising forms and checklist automation, customer satisfaction surveys, and data aggregation, analysis, and reporting.