Intouch Insight (CVE:INX) Sets New 52-Week Low – Here’s Why

Intouch Insight Ltd. (CVE:INX) shares hit a new 52-week low on Monday . The company traded as low as C$0.30 and last traded at C$0.30, with a volume of 8387 shares trading hands. The stock had previously closed at C$0.31.

Intouch Insight Price Performance

The company has a fifty day moving average price of C$0.34 and a two-hundred day moving average price of C$0.38. The firm has a market capitalization of C$7.69 million, a price-to-earnings ratio of -10.00 and a beta of 0.83. The company has a quick ratio of 1.82, a current ratio of 1.70 and a debt-to-equity ratio of 43.52.

Insiders Place Their Bets

In other news, Director Eric Marshall Beutel purchased 175,000 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were acquired at an average price of C$0.33 per share, with a total value of C$57,750.00. Following the purchase, the director directly owned 1,426,500 shares of the company’s stock, valued at C$470,745. The trade was a 13.98% increase in their ownership of the stock. Insiders own 28.18% of the company’s stock.

About Intouch Insight

Intouch Insight Ltd. provides customer experience management products and software solutions in Canada, the United States, and internationally. The company’s solutions and services allow its clients to measure, monitor, and improve the delivery of their brand across multiple locations and/or large geographical areas, including mystery shopping, audits, merchandising, sampling, customer capture, and store re-branding; and Software as a Service products comprising forms and checklist automation, customer satisfaction surveys, and data aggregation, analysis, and reporting.