Insig AI (LON:INSG) Hits New 12-Month Low – Here’s Why

Insig AI Plc (LON:INSG – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as GBX 8 and last traded at GBX 8.49, with a volume of 801,966 shares changing hands. The stock had previously closed at GBX 8.75.

Insig AI Stock Down 3.0%

The firm has a 50 day moving average of GBX 11.08 and a two-hundred day moving average of GBX 13.53. The firm has a market capitalization of £11.03 million, a price-to-earnings ratio of -5.62 and a beta of -0.57. The company has a quick ratio of 0.92, a current ratio of 0.08 and a debt-to-equity ratio of -113.73.

Insig AI (LON:INSG – Get Free Report) last issued its earnings results on Thursday, September 17th. The company reported GBX (1.51) earnings per share for the quarter. Insig AI had a negative net margin of 241.40% and a positive return on equity of 150.77%.

Insider Buying and Selling

In other news, insider Richard Bernstein purchased 300,000 shares of the business’s stock in a transaction dated Friday, October 9th. The shares were purchased at an average cost of GBX 9 per share, with a total value of £27,000. Insiders bought 500,000 shares of company stock valued at $4,500,000 in the last ninety days. 27.38% of the stock is currently owned by company insiders.

About Insig AI

(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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