Insig AI (LON:INSG) Stock Price Down 12.4% – Should You Sell?

Insig AI Plc (LON:INSG) shares fell 12.4% on Thursday . The company traded as low as GBX 9 and last traded at GBX 9.20. 1,436,829 shares were traded during mid-day trading, an increase of 352% from the average session volume of 318,005 shares. The stock had previously closed at GBX 10.50.

Insig AI Stock Down 12.4%

The firm’s 50 day simple moving average is GBX 13.16 and its 200-day simple moving average is GBX 14.15. The company has a market cap of £11.95 million, a price-to-earnings ratio of -8.00 and a beta of -0.57. The company has a debt-to-equity ratio of -90.25, a current ratio of 0.08 and a quick ratio of 0.92.

Insig AI (LON:INSG) last posted its earnings results on Thursday, September 17th. The company reported GBX (1.51) EPS for the quarter. Insig AI had a positive return on equity of 240.59% and a negative net margin of 525.23%.

Insider Transactions at Insig AI

In other news, insider Richard Bernstein purchased 150,000 shares of the business’s stock in a transaction on Tuesday, July 7th. The shares were bought at an average price of GBX 14 per share, with a total value of £21,000. 27.42% of the stock is owned by corporate insiders.

About Insig AI

Catena Group Plc is an AIM listed data science and machine learning company focused on providing solutions to the asset management industry.