Intellinetics (OTCMKTS:INLXD) Stock Price Down 1.8% – Here’s Why

Intellinetics (OTCMKTS:INLXD)’s share price was down 1.8% during mid-day trading on Tuesday . The stock traded as low as $5.25 and last traded at $5.40. Approximately 4,779 shares were traded during mid-day trading, an increase of 1,403% from the average session volume of 318 shares. The stock had previously closed at $5.50.

Intellinetics Stock Down 8.3%

The stock’s fifty day moving average price is $6.73 and its 200 day moving average price is $7.51. The stock has a market cap of $2.52 million, a PE ratio of -1.08 and a beta of 0.22.

Intellinetics Company Profile

Intellinetics, Inc is a Houston, Texas–based provider of enterprise content management (ECM) and document workflow solutions. The company’s flagship software platform, DocSafe, offers secure document capture, indexing, storage and retrieval capabilities, enabling organizations to automate paper-intensive processes and improve information governance. Intellinetics’ product suite supports on-premise, cloud and hybrid deployments and integrates with multifunction printers, email systems and business applications to streamline data entry and document distribution.

Serving a diverse customer base that includes government agencies, healthcare providers, legal firms and commercial enterprises, Intellinetics focuses on industries with stringent compliance and record-keeping requirements.