Identillect Technologies (CVE:ID) Stock Price Down 50% – Here’s What Happened

Identillect Technologies Corp. (CVE:ID)’s stock price traded down 50% during trading 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 Trading Down 50.0 %

The company has a market cap of C$1.47 million, a price-to-earnings ratio of -0.50 and a beta of 0.69. The stock has a 50-day simple moving average of C$0.01 and a 200-day simple moving average of 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.