Identillect Technologies (CVE:ID) Shares Down 50% – Here’s Why

Shares of Identillect Technologies Corp. (CVE:ID) traded down 50% on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. 163,054 shares changed hands during mid-day trading, an increase of 21% from the average session volume of 134,440 shares. The stock had previously closed at C$0.01.

Identillect Technologies Stock Performance

The company has a market cap of C$1.47 million, a PE ratio of -0.50 and a beta of 0.69. The stock’s 50-day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01.

Identillect Technologies Company Profile

Identillect Technologies Corp. develops an email encryption software solution. It offers Delivery Trust, an email encryption technology that targets organizations of various sizes, as well as individuals, including medical professionals, insurance companies, accountants, lawyers, real estate agents, and educators in the United States and Mexico.